102 Firefly WayInlet BeachFL32461
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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 Inlet Beach at 102 Firefly Way, Inlet Beach, FL, 32461 priced at $905,000 converts $5,463/mo rent into after a $4,430/mo obligation. Total monthly income equals $5,463/mo. Return on cash invested prints 17.87% in year one, and rental yield reads 7.24% against a $905,000 entry. Equity gained on principal adds $5,840/yr, while 5% annual appreciation compiles into $250,035 by year five. Five-year ROI reaches 92.47% and total cumulative return in cash sums $275,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,463/mo property income covering a $4,430/mo payment, not borrower’s personal income.
Single Family
Built in 2018
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32461, Rosemary Bch, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,011 (100%) |
| Owner Occupied HU | 1,287 (21.4%) |
| Renter Occupied HU | 346 ( 5.8%) |
| Vacant Housing Units | 4,378 (72.8%) |
| Median Home Value | $1,039,474 |
| Average Home Value | $1,236,348 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
2,563
Multi-Family
817
Businesses
242
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Listed by: Karen E Crews • Watersound Real Estate
Mls Name: ECAOR
Mls ID: #991216