7060 Summit DrNavarreFL32566
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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 Navarre at 7060 Summit Dr, Navarre, FL, 32566 priced at $649,000 converts $4,412/mo rent into $105/mo cash flow after a $3,177/mo obligation. Total monthly income equals $4,412/mo, and annual cash flow totals $1,256/yr on $213,521 invested. Return on cash invested prints 20.65% in year one, and rental yield reads 8.16% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 107.37% and total cumulative return in cash sums $229,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,412/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32566, Navarre, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,513 (100%) |
| Owner Occupied HU | 14,355 (70.0%) |
| Renter Occupied HU | 3,832 (18.7%) |
| Vacant Housing Units | 2,326 (11.3%) |
| Median Home Value | $401,900 |
| Average Home Value | $451,144 |
Housing Distribution
Address Breakdown
Residential
19,041
Single Family
18,600
Multi-Family
441
Businesses
760
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