1271 Redwood Ln #230Gulf BreezeFL32563
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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 Gulf Breeze at 1271 Redwood Ln #230, Gulf Breeze, FL, 32563 offers a 11.55% rental yield on a $159,000 purchase with $1,530/mo rent. Total monthly income registers $1,530/mo, and a $778/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,701/yr on $52,709 to close, and return on cash invested stands at 30.73% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 161.53% and total cumulative return in cash at $85,140. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,530/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32563, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,428 (100%) |
| Owner Occupied HU | 9,968 (74.2%) |
| Renter Occupied HU | 2,712 (20.2%) |
| Vacant Housing Units | 748 ( 5.6%) |
| Median Home Value | $464,351 |
| Average Home Value | $531,893 |
Housing Distribution
Address Breakdown
Residential
13,008
Single Family
12,613
Multi-Family
395
Businesses
514
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Listed by: Grey Burge • CENTURY 21 AMERISOUTH REALTY
Mls Name: PAR
Mls ID: #669280