1740 S County Highway 393 #301Santa Rosa BeachFL32459
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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
Rental property for sale in Santa Rosa Beach at 1740 S County Highway 393 #301, Santa Rosa Beach, FL, 32459 generates $3,492/mo in rent, after a $5,873/mo payment. Total monthly income is $3,492/mo. Return on cash invested sits at 3.23% in year one, and rental yield is 3.49% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 15.1% and total cumulative return in cash sums $58,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,492/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$3,250 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32459, Santa Rosa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,830 (100%) |
| Owner Occupied HU | 8,154 (39.1%) |
| Renter Occupied HU | 2,773 (13.3%) |
| Vacant Housing Units | 9,903 (47.5%) |
| Median Home Value | $762,452 |
| Average Home Value | $945,293 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
12,773
Multi-Family
2,500
Businesses
1,346
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Listed by: Staggs Group • Christies International Real Estate Emerald Coast
Mls Name: ECAOR
Mls Provider:
Mls ID: #972419
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