704 Missouri AveLynn HavenFL32444
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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
Rental property for sale in Lynn Haven at 704 Missouri Ave, Lynn Haven, FL, 32444 priced at $1,425,000 pairs $6,419/mo rent with after a $6,975/mo payment. Total monthly income equals $6,419/mo. Return on cash invested is 12.47% in year one, and rental yield stands at 5.41% on a $1,425,000 basis. Equity gained on principal adds $9,195/yr, and 5% annual appreciation accumulates to $393,701 by year five. Five-year ROI measures 63.48% and total cumulative return in cash reaches $293,096. For financing, Ziffy Mortgage’s DSCR program evaluates $6,419/mo property income against a $6,975/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
1.27 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: Trudy VanHorn • Berkshire Hathaway HomeServices Beach Properties of Florida
Mls Name: CPAR
Mls ID: #777881