1330 Miracle Strip Pkwy S UNIT 205, Fort Walton Beach, FL, 32548 | $397/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Walton Beach at 1330 Miracle Strip Pkwy S UNIT 205, Fort Walton Beach, FL, 32548 offers a 10.2% rental yield on a $212,500 purchase with $1,807/mo rent. Total monthly income registers $1,807/mo, and a $1,040/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,763/yr on $70,444 to close, and return on cash invested stands at 26.67% in year one. Equity gained on principal adds $1,371/yr while 5% annual appreciation supports $58,710 over five years. Portfolio math shows five-year ROI at 139.68% and total cumulative return in cash at $98,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,807/mo property income against a $1,040/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1983

435.60 sqft lot

$N/A/sqft

No 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