108 Long Pointe DrMary EstherFL32569
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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 Mary Esther at 108 Long Pointe Dr, Mary Esther, FL, 32569 priced at $380,000 converts $2,314/mo rent into after a $1,860/mo obligation. Total monthly income equals $2,314/mo. Return on cash invested prints 17.93% in year one, and rental yield reads 7.31% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 92.84% and total cumulative return in cash sums $116,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,314/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1991
9,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32569, Mary Esther, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,848 (100%) |
| Owner Occupied HU | 3,490 (59.7%) |
| Renter Occupied HU | 1,893 (32.4%) |
| Vacant Housing Units | 465 ( 8.0%) |
| Median Home Value | $383,658 |
| Average Home Value | $456,649 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,418
Multi-Family
118
Businesses
544
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Listed by: Tarrah Minor • Realty ONE Group Emerald Coast
Mls Name: ECAOR
Mls ID: #991219