11 Beachside Dr UNIT 514Santa Rosa BeachFL32459
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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 Santa Rosa Beach at 11 Beachside Dr UNIT 514, Santa Rosa Beach, FL, 32459 uses $133,856 cash to close to unlock $10,377/yr annual cash flow and $865/mo monthly cash flow. Total monthly income runs $3,929/mo, and a $1,976/mo payment keeps the spread at $865/mo. Purchase price stands at $403,788, and rental yield measures 11.68% with $3,929/mo rent. Return on cash invested shows 27.66% in year one, and 5% annual appreciation builds toward $111,559 over five years. Five-year ROI reaches 146.26% and total cumulative return in cash records $195,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,929/mo property income covering a $1,976/mo payment rather than investor’s personal income.
Condo
Built in 1993
435 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32459, Santa Rosa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,830 (100%) |
| Owner Occupied HU | 8,154 (39.1%) |
| Renter Occupied HU | 2,773 (13.3%) |
| Vacant Housing Units | 9,903 (47.5%) |
| Median Home Value | $762,452 |
| Average Home Value | $945,293 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
12,773
Multi-Family
2,500
Businesses
1,346
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