105 Wadleigh WayMiramar BeachFL32550
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Miramar Beach at 105 Wadleigh Way, Miramar Beach, FL, 32550 priced at $1,894,000 pairs $6,346/mo rent with after a $9,270/mo payment. Total monthly income equals $6,346/mo. Return on cash invested is 7.23% in year one, and rental yield stands at 4.02% on a $1,894,000 basis. Equity gained on principal adds $12,222/yr, and 5% annual appreciation accumulates to $523,277 by year five. Five-year ROI measures 35.72% and total cumulative return in cash reaches $219,219. For financing, Ziffy Mortgage’s DSCR program evaluates $6,346/mo property income against a $9,270/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
4,791 sqft lot
$N/A/sqft
$1,483 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32550, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,233 (100%) |
| Owner Occupied HU | 3,366 (20.7%) |
| Renter Occupied HU | 679 ( 4.2%) |
| Vacant Housing Units | 12,188 (75.1%) |
| Median Home Value | $825,589 |
| Average Home Value | $966,125 |
Housing Distribution
Address Breakdown
Residential
11,463
Single Family
5,332
Multi-Family
6,131
Businesses
832
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher R Harper • LPT Realty LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #948405
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