172 Miramar StMary EstherFL32569
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
Investment Highlights
Rental property for sale in Mary Esther at 172 Miramar St, Mary Esther, FL, 32569 priced at $267,500 pairs $1,989/mo rent with $214/mo cash flow after a $1,309/mo payment. Total monthly income equals $1,989/mo, and annual cash flow comes to $2,569/yr on $88,676 invested. Return on cash invested is 22.81% in year one, and rental yield stands at 8.92% on a $267,500 basis. Equity gained on principal adds $1,726/yr, and 5% annual appreciation accumulates to $73,905 by year five. Five-year ROI measures 119.01% and total cumulative return in cash reaches $105,536. For financing, Ziffy Mortgage’s DSCR program evaluates $1,989/mo property income against a $1,309/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32569, Mary Esther, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,848 (100%) |
| Owner Occupied HU | 3,490 (59.7%) |
| Renter Occupied HU | 1,893 (32.4%) |
| Vacant Housing Units | 465 ( 8.0%) |
| Median Home Value | $383,658 |
| Average Home Value | $456,649 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,418
Multi-Family
118
Businesses
544
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Moore • COLDWELL BANKER REALTY
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #975259
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.