19 Old Ferry RdShalimarFL32579
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 Shalimar at 19 Old Ferry Rd, Shalimar, FL, 32579 priced at $1,200,000 converts $2,754/mo rent into after a $5,873/mo obligation. Total monthly income equals $2,754/mo. Return on cash invested prints 4.29% in year one, and rental yield reads 2.75% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 19.59% and total cumulative return in cash sums $76,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,754/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32579, Shalimar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,192 (65.5%) |
| Renter Occupied HU | 1,384 (28.4%) |
| Vacant Housing Units | 295 ( 6.1%) |
| Median Home Value | $499,269 |
| Average Home Value | $603,446 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,280
Multi-Family
623
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices