7145 David Whitfield RdWewahitchkaFL32465
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 7145 David Whitfield Rd, Wewahitchka, FL, 32465 listed at $199,900 pairs $1,670/mo rent with a $978/mo payment to leave $344/mo cash flow. Total monthly income runs $1,670/mo, and annual cash flow reaches $4,126/yr on $66,267 cash to close. Return on cash invested measures 26.14% in year one, and rental yield registers 10.03% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 136.81% and total cumulative return in cash totals $90,661. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,670/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
0.50 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: Miranda Rollins • 98 Real Estate Group, LLC
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324813