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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 Navarre at 8816 Kiwi Pl, Navarre, FL, 32566 generates $2,576/mo in rent and, after a $1,860/mo payment, leaves $54/mo in cash flow. Total monthly income is $2,576/mo, and annual cash flow is $650/yr on $125,970 invested. Return on cash invested sits at 20.43% in year one, and rental yield is 8.13% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 106.22% and total cumulative return in cash sums $133,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,576/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.47 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-11-07 | Listed for sale | $380,000 |
| 2023-04-25 | Sold | $345,000 |
| 2023-03-29 | Contingent | $345,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-07 | $2617.66 | 6.47% | $254,999 | 6.83% |
| 2023-11-07 | $2458.67 | 2.71% | $238,696 | 3.00% |
| 2022-11-07 | $2393.81 | -4.88% | $231,744 | 17.14% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2002
- Architectural Style: Contemporary
- Building Area: 1,585
- Living Area: 1,585 sqft
- Property Condition: Construction Complete
Features & Amenities
- Heating: Electric
- Cooling: Electric, Ceiling Fan(s), Ridge Vent
- Flooring: Tile
- Interior Features: Vaulted Ceiling(s), Kitchen Island, Pantry, Renovated, Split Bedroom, Bedroom, Dining Area, Living Room, Master Bathroom, Master Bedroom
- Exterior Features: Columns
- Parking Features: Attached
Location
- City: Navarre
- Subdivision: Turkey Creek Estates
- Lot Size: 0.47 Acres
- Lot Features: Cul-De-Sac, Dead End
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Holley-Navarre
- Middle School: Holley-Navarre
- High School: Navarre
Listed by: The White Sands Team • Levin Rinke Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #989142
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. Member number: 28189