653 Teal StCrestviewFL32539
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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 Crestview at 653 Teal St, Crestview, FL, 32539 priced at $294,900 converts $2,110/mo rent into $81/mo cash flow after a $1,443/mo obligation. Total monthly income equals $2,110/mo, and annual cash flow totals $973/yr on $97,759 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 8.59% against a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation compiles into $81,475 by year five. Five-year ROI reaches 109.12% and total cumulative return in cash sums $106,675. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,110/mo property income covering a $1,443/mo payment, not borrower’s personal income.
Single Family
Built in 2017
N/A lot
$N/A/sqft
$217 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32539, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,802 (100%) |
| Owner Occupied HU | 9,569 (69.3%) |
| Renter Occupied HU | 3,217 (23.3%) |
| Vacant Housing Units | 1,016 ( 7.4%) |
| Median Home Value | $353,112 |
| Average Home Value | $444,509 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,183
Multi-Family
103
Businesses
286
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Listed by: Hiller Group • EXP Realty LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #983244
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. Member number: 28189