609 E Pine Forest DrLynn HavenFL32444
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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 Lynn Haven at 609 E Pine Forest Dr, Lynn Haven, FL, 32444 uses $87,848 cash to close to unlock $1,333/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $1,935/mo, and a $1,297/mo payment keeps the spread at $111/mo. Purchase price stands at $265,000, and rental yield measures 8.76% with $1,935/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 111.93% and total cumulative return in cash records $98,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,935/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1979
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32444, Lynn Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,092 (100%) |
| Owner Occupied HU | 6,097 (67.1%) |
| Renter Occupied HU | 1,855 (20.4%) |
| Vacant Housing Units | 1,140 (12.5%) |
| Median Home Value | $376,114 |
| Average Home Value | $436,347 |
Housing Distribution
Address Breakdown
Residential
9,098
Single Family
8,225
Multi-Family
873
Businesses
639
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Listed by: Patrick D Pate • Beach Haven Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #772852
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.