90 6th Ave APT 4ShalimarFL32579
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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 Shalimar at 90 6th Ave APT 4, Shalimar, FL, 32579 generates $2,116/mo in rent and, after a $1,077/mo payment, leaves $656/mo in cash flow. Total monthly income is $2,116/mo, and annual cash flow is $7,870/yr on $72,930 invested. Return on cash invested sits at 30.7% in year one, and rental yield is 11.54% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 161.3% and total cumulative return in cash sums $117,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,116/mo property income rather than buyer’s personal income.
Townhouse
Built in 1978
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32579, Shalimar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,192 (65.5%) |
| Renter Occupied HU | 1,384 (28.4%) |
| Vacant Housing Units | 295 ( 6.1%) |
| Median Home Value | $499,269 |
| Average Home Value | $603,446 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,280
Multi-Family
623
Businesses
321
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