132 Elm Ave SE APT 1AFort Walton BeachFL32548
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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 Fort Walton Beach at 132 Elm Ave SE APT 1A, Fort Walton Beach, FL, 32548 at $164,000 posts ROI 17.19% with from $1,301/mo rent. Total monthly income equals $1,301/mo. Return on cash invested measures 17.19% and rental yield reads 9.52% at the current $164,000. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,310 by year five. Five-year ROI prints 91.55% and total cumulative return in cash totals $49,773. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,301/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1983
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32548, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,809 (100%) |
| Owner Occupied HU | 6,240 (45.2%) |
| Renter Occupied HU | 4,003 (29.0%) |
| Vacant Housing Units | 3,566 (25.8%) |
| Median Home Value | $391,243 |
| Average Home Value | $470,098 |
Housing Distribution
Address Breakdown
Residential
12,091
Single Family
10,031
Multi-Family
2,060
Businesses
1,348
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Listed by: Terry J Garner • NBI Properties Inc
Mls Name: ECAOR
Mls Provider:
Mls ID: #973401
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