600 Tennessee AveCrystal BeachFL34681
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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 Crystal Beach at 600 Tennessee Ave, Crystal Beach, FL, 34681 priced at $495,000 converts $3,007/mo rent into after a $2,423/mo obligation. Total monthly income equals $3,007/mo. Return on cash invested prints 17.88% in year one, and rental yield reads 7.29% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 92.51% and total cumulative return in cash sums $151,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,007/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34681, Crystal Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 803 (75.2%) |
| Renter Occupied HU | 132 (12.4%) |
| Vacant Housing Units | 133 (12.5%) |
| Median Home Value | $599,729 |
| Average Home Value | $697,914 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: Roberta Celiberti • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls ID: #TB8456654