1830 Sod Dr #3Fort 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 1830 Sod Dr #3, Fort Walton Beach, FL, 32547 uses $93,234 cash to close to unlock $3,970/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $2,256/mo, and a $1,377/mo payment keeps the spread at $331/mo. Purchase price stands at $281,250, and rental yield measures 9.63% with $2,256/mo rent. Return on cash invested shows 24.17% in year one, and 5% annual appreciation builds toward $77,704 over five years. Five-year ROI reaches 126.54% and total cumulative return in cash records $117,977. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,256/mo property income covering a $1,377/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
1,742 sqft lot
$N/A/sqft
$350 semi-annually 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: Steven J Noble • Lokation
Mls Name: ECAOR
Mls Provider:
Mls ID: #961004
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