845 Faith AveGracevilleFL32440
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 845 Faith Ave, Graceville, FL, 32440 in Graceville: $1,513/mo in rent, $353/mo in net income, 10.38% gross yield, 1.92 DSCR, all at $174,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $48,322 in appreciation and $1,611/yr in principal paydown projects total cumulative return of $89,389.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $353 | $250 |
City averages based on Graceville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,513 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2020
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32440, Graceville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,550 (63.0%) |
| Renter Occupied HU | 652 (26.5%) |
| Vacant Housing Units | 257 (10.5%) |
| Median Home Value | $119,744 |
| Average Home Value | $189,998 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,275
Multi-Family
108
Businesses
185
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
Single Family
Built in 2020
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32440, Graceville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,550 (63.0%) |
| Renter Occupied HU | 652 (26.5%) |
| Vacant Housing Units | 257 (10.5%) |
| Median Home Value | $119,744 |
| Average Home Value | $189,998 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,275
Multi-Family
108
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CPAR
Mls ID: #787682