111 W Shore DrInlet BeachFL32461
Nearby investment properties with comparable rents
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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 111 W Shore Dr, Inlet Beach, FL, 32461 priced at $980,000 converts $3,774/mo rent into after a $4,797/mo obligation. Total monthly income equals $3,774/mo. Return on cash invested prints 9.17% in year one, and rental yield reads 4.62% against a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation compiles into $270,756 by year five. Five-year ROI reaches 46.07% and total cumulative return in cash sums $148,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,774/mo property income covering a $4,797/mo payment, not borrower’s personal income.
Single Family
Built in 2014
3,049 sqft lot
$N/A/sqft
$2,360 annually 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: Maura Schroeder • CENTURY 21 Commander Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #770296
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.