6641 Cedar StWewahitchkaFL32465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wewahitchka at 6641 Cedar St, Wewahitchka, FL, 32465 earns $1/mo cash flow from $1,693/mo rent with a $1,248/mo payment. Total monthly income totals $1,693/mo, and annual cash flow totals $10/yr on $84,533 capital. ROI tracks 19.92% on current figures, and rental yield reads 7.97% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 103.5% and total cumulative return in cash sums $87,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,693/mo property income instead of your personal income.
Single Family
Built in 1990
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather L Thompson • Beach Properties Real Estate
Mls Name: CPAR
Mls ID: #780546