109 Pinewood TerFort Walton BeachFL32548
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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 Fort Walton Beach at 109 Pinewood Ter, Fort Walton Beach, FL, 32548 priced at $361,500 converts $2,662/mo rent into $263/mo cash flow after a $1,769/mo obligation. Total monthly income equals $2,662/mo, and annual cash flow totals $3,161/yr on $119,837 invested. Return on cash invested prints 22.55% in year one, and rental yield reads 8.84% against a $361,500 entry. Equity gained on principal adds $2,333/yr, while 5% annual appreciation compiles into $99,876 by year five. Five-year ROI reaches 117.59% and total cumulative return in cash sums $140,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,662/mo property income covering a $1,769/mo payment, not borrower’s personal income.
Single Family
Built in 1973
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32548, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,809 (100%) |
| Owner Occupied HU | 6,240 (45.2%) |
| Renter Occupied HU | 4,003 (29.0%) |
| Vacant Housing Units | 3,566 (25.8%) |
| Median Home Value | $391,243 |
| Average Home Value | $470,098 |
Housing Distribution
Address Breakdown
Residential
12,091
Single Family
10,031
Multi-Family
2,060
Businesses
1,348
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Listed by: Rhonda G Musch • Equity & Trust Realty Inc
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #959151
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.