611 Tennessee AveLynn 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 611 Tennessee Ave, Lynn Haven, FL, 32444 with 5% annual appreciation on a $319,999 basis while $2,374/mo rent supports operations. Total monthly income totals $2,374/mo and a $1,566/mo payment preserves $251/mo for cash returns. Annual cash flow comes to $3,008/yr on $106,080 deployed, and return on cash invested reaches 22.74% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 8.9%. Five-year ROI measures 118.63% and total cumulative return in cash totals $125,847.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,374/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.34 Acres 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: Jonathan R Marrone • EXP Realty LLC
Mls Name: ECAOR
Mls ID: #982131