712 Riva Ridge DrCrestviewFL32539
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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 712 Riva Ridge Dr, Crestview, FL, 32539 generates $1,944/mo in rent and, after a $1,336/mo payment, leaves $110/mo in cash flow. Total monthly income is $1,944/mo, and annual cash flow is $1,320/yr on $90,466 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 8.55% on a $272,900 entry. Equity gained on principal adds $1,761/yr, while 5% annual appreciation builds toward $75,397 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash sums $100,728. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,944/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.28 Acres lot
$N/A/sqft
No 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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