Investors & Flippers!!! This is the one you've been waiting for!
Assumable Loan at 4.1%! Cash FLOW Rental or Owner Occupy!
PROPERTY DETAILS
Centrally located for quick access to the beaches, Interstate, and Eglin Air Force Base
Occupancy Status: Vacant
New Roof in 2019
Light Rehab (flooring, paint, doors, dishwasher, range, trim)
FINANCIALS
Asking Price: $47K + CC
Assumable VA loan at $222,834k @4.1%
Total Purchase Price $269,834.03
Monthly Payment $1683 (PITI)
Monthly Cash Flow $417
Rehab Estimate: $30K
After Repair Value (ARV): $330K+
Rental Rates: $2100
Short-Term Rental Income (AirDNA): $4,000+/mo ($50K annually at 67% occupancy)
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Hwy 85 to PJ Adams Pkwy, R on Bobby Dr, L on Peggy Dr, R on Trish Dr, house on Right