117 Devlieg AveSanta 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 117 Devlieg Ave, Santa Rosa Beach, FL, 32459 listed at $929,000 pairs $8,400/mo rent with a $4,547/mo payment to leave $2,235/mo cash flow. Total monthly income runs $8,400/mo, and annual cash flow reaches $26,820/yr on $305,641 cash to close. Return on cash invested measures 28.84% in year one, and rental yield registers 10.85% at a $929,000 basis. Equity gained on principal adds $5,995/yr, and annual property appreciation at 5% supports $256,666 by year five. Five-year ROI tracks 151.25% and total cumulative return in cash totals $462,296. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,400/mo property income relative to a $4,547/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
7,405 sqft lot
$N/A/sqft
No 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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Listed by: Camilo D Perez • Home Sold Realty LLC
Mls Name: ECAOR
Mls ID: #984281