56041 Griffin RdCallahanFL32011
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Callahan at 56041 Griffin Rd, Callahan, FL, 32011 generates $2,584/mo in rent, after a $3,719/mo payment. Total monthly income is $2,584/mo. Return on cash invested sits at 8.26% in year one, and rental yield is 4.08% on a $759,900 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation builds toward $209,946 over five years. Five-year ROI reaches 40.93% and total cumulative return in cash sums $102,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,584/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
4.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32011, Callahan, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,371 (100%) |
| Owner Occupied HU | 5,031 (79.0%) |
| Renter Occupied HU | 1,026 (16.1%) |
| Vacant Housing Units | 314 ( 4.9%) |
| Median Home Value | $389,094 |
| Average Home Value | $471,996 |
Housing Distribution
Address Breakdown
Residential
6,170
Single Family
6,142
Multi-Family
28
Businesses
352
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Listed by: Chad Neumann • CHAD AND SANDY REAL ESTATE GROUP
Mls Name: AINCAR
Mls Provider:
Mls ID: #112068
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.