101 Old Ferry Rd UNIT 4BShalimarFL32579
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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 101 Old Ferry Rd UNIT 4B, Shalimar, FL, 32579 listed at $127,700 pairs $963/mo rent with a $625/mo payment to leave $116/mo cash flow. Total monthly income runs $963/mo, and annual cash flow reaches $1,387/yr on $42,333 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 9.05% at a $127,700 basis. Equity gained on principal adds $824/yr, and annual property appreciation at 5% supports $35,281 by year five. Five-year ROI tracks 121.07% and total cumulative return in cash totals $51,253. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $963/mo property income relative to a $625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
N/A 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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