8723 Brown Pelican CirNavarreFL32566
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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
Investment property for sale in Navarre at 8723 Brown Pelican Cir, Navarre, FL, 32566 uses $110,058 cash to close to unlock $4,932/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,625/mo payment keeps the spread at $411/mo. Purchase price stands at $332,000, and rental yield measures 9.54% with $2,640/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $91,725 over five years. Five-year ROI reaches 127.59% and total cumulative return in cash records $140,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,625/mo payment rather than investor’s personal income.
Single Family
Built in 2017
1,742 sqft 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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Listed by: Steve Koleno • Beycome of Florida LLC
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #978103
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.