148 Stearns StGulf BreezeFL32561
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 148 Stearns St, Gulf Breeze, FL, 32561 in Gulf Breeze at $340,000, 5.96% gross yield, is a market-growth asset. Rental yield 5.96%. The $1,733/mo rent partially funds the $1,529/mo debt service; the core return is the 5%/yr price growth projected to add $93,936 over five years. Ziffy Mortgage's DSCR mortgage (1.13) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $95,903.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.5% |
| Monthly Cash Flow | $(583) | $1,200 |
City averages based on Gulf Breeze market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,733 |
| Total Monthly Debt Service | $2,121 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1994
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32561, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,393 (55.3%) |
| Renter Occupied HU | 764 (12.5%) |
| Vacant Housing Units | 1,975 (32.2%) |
| Median Home Value | $619,940 |
| Average Home Value | $716,973 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
3,596
Multi-Family
959
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1994
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32561, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,393 (55.3%) |
| Renter Occupied HU | 764 (12.5%) |
| Vacant Housing Units | 1,975 (32.2%) |
| Median Home Value | $619,940 |
| Average Home Value | $716,973 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
3,596
Multi-Family
959
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Rushing • Berkshire Hathaway Home Services PenFed Realty
Mls Name: PAR
Mls ID: #673363