590 W Violet LnDefuniak SpringsFL32433
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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
Investment property for sale in Defuniak Springs at 590 W Violet Ln, Defuniak Springs, FL, 32433 listed at $154,900 pairs $1,168/mo rent with a $758/mo payment to leave $140/mo cash flow. Total monthly income runs $1,168/mo, and annual cash flow reaches $1,683/yr on $51,349 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 9.05% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 121.07% and total cumulative return in cash totals $62,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,168/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32433, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,353 (100%) |
| Owner Occupied HU | 5,392 (64.6%) |
| Renter Occupied HU | 1,793 (21.5%) |
| Vacant Housing Units | 1,168 (14.0%) |
| Median Home Value | $173,082 |
| Average Home Value | $280,402 |
Housing Distribution
Address Breakdown
Residential
7,626
Single Family
7,510
Multi-Family
116
Businesses
308
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Listed by: Lisa Morgan • World Impact Real Estate
Mls Name: ECAOR
Mls ID: #981495