904 Elizabeth LnShalimarFL32579
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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 Shalimar at 904 Elizabeth Ln, Shalimar, FL, 32579 uses $117,351 cash to close to unlock $665/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $2,405/mo, and a $1,733/mo payment keeps the spread at $55/mo. Purchase price stands at $354,000, and rental yield measures 8.15% with $2,405/mo rent. Return on cash invested shows 20.48% in year one, and 5% annual appreciation builds toward $97,804 over five years. Five-year ROI reaches 106.48% and total cumulative return in cash records $124,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,405/mo property income covering a $1,733/mo payment rather than investor’s personal income.
Single Family
Built in 1993
5,662 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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