1213 Quail Lake BlvdDestinFL32541
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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 Destin at 1213 Quail Lake Blvd, Destin, FL, 32541 at $739,000 posts ROI 29.23% with $1,858/mo cash flow from $6,762/mo rent. Total monthly income equals $6,762/mo, and annual cash flow records $22,295/yr on $243,131 to close. Return on cash invested measures 29.23% and rental yield reads 10.98% at the current $739,000. Equity gained on principal adds $4,769/yr, and 5% annual appreciation supports $204,172 by year five. Five-year ROI prints 153.38% and total cumulative return in cash totals $372,920.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,762/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32541, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,791 (100%) |
| Owner Occupied HU | 5,904 (35.2%) |
| Renter Occupied HU | 2,755 (16.4%) |
| Vacant Housing Units | 8,132 (48.4%) |
| Median Home Value | $564,888 |
| Average Home Value | $744,336 |
Housing Distribution
Address Breakdown
Residential
15,355
Single Family
8,027
Multi-Family
7,328
Businesses
1,388
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Listed by: Michael Tomlin • Coldwell Banker Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #965868
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