1400 Mixon DrFort Walton BeachFL32547
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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 1400 Mixon Dr, Fort Walton Beach, FL, 32547 listed at $323,000 pairs $2,236/mo rent with a $1,581/mo payment to leave $92/mo cash flow. Total monthly income runs $2,236/mo, and annual cash flow reaches $1,109/yr on $107,075 cash to close. Return on cash invested measures 20.94% in year one, and rental yield registers 8.31% at a $323,000 basis. Equity gained on principal adds $2,084/yr, and annual property appreciation at 5% supports $89,239 by year five. Five-year ROI tracks 109% and total cumulative return in cash totals $116,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,236/mo property income relative to a $1,581/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32547, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 8,251 (49.7%) |
| Renter Occupied HU | 7,177 (43.2%) |
| Vacant Housing Units | 1,175 ( 7.1%) |
| Median Home Value | $369,479 |
| Average Home Value | $461,888 |
Housing Distribution
Address Breakdown
Residential
15,950
Single Family
14,806
Multi-Family
1,144
Businesses
1,072
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Listed by: Steve Koleno • Beycome of Florida LLC
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #978821
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.