1301 Redwood Ln APT EGulf 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
Rental property for sale in Gulf Breeze at 1301 Redwood Ln APT E, Gulf Breeze, FL, 32563 priced at $169,999 pairs $1,530/mo rent with $402/mo cash flow after a $832/mo payment. Total monthly income equals $1,530/mo, and annual cash flow comes to $4,823/yr on $56,355 invested. Return on cash invested is 28.47% in year one, and rental yield stands at 10.8% on a $169,999 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 149.33% and total cumulative return in cash reaches $84,153. For financing, Ziffy Mortgage’s DSCR program evaluates $1,530/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
N/A 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: Robin Bennett • Southern Shores Realty
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #956250
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.