12 N Payne StMiramar BeachFL32550
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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 Miramar Beach at 12 N Payne St, Miramar Beach, FL, 32550 earns from $5,460/mo rent with a $8,908/mo payment. Total monthly income totals $5,460/mo. ROI tracks 6.7% on current figures, and rental yield reads 3.6% at a $1,820,000 purchase. Equity gained on principal adds $11,744/yr, and 5% annual appreciation supports $502,832 over five years. Five-year ROI reaches 32.58% and total cumulative return in cash sums $192,134. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,460/mo property income instead of your personal income.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32550, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,233 (100%) |
| Owner Occupied HU | 3,366 (20.7%) |
| Renter Occupied HU | 679 ( 4.2%) |
| Vacant Housing Units | 12,188 (75.1%) |
| Median Home Value | $825,589 |
| Average Home Value | $966,125 |
Housing Distribution
Address Breakdown
Residential
11,463
Single Family
5,332
Multi-Family
6,131
Businesses
832
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Listed by: Brandon L Sexton • Diamond Gulf Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #985507
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. Member number: 28189