1986 Scenic Gulf Dr APT 11Miramar BeachFL32550
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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 Miramar Beach at 1986 Scenic Gulf Dr APT 11, Miramar Beach, FL, 32550 offers a 6.98% rental yield on a $545,000 purchase with $3,168/mo rent. 05% in year one. Equity gained on principal adds $3,517/yr while 5% annual appreciation supports $150,573 over five years. Portfolio math shows five-year ROI at 88.09% and total cumulative return in cash at $157,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,168/mo property income against a $2,668/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32550, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,233 (100%) |
| Owner Occupied HU | 3,366 (20.7%) |
| Renter Occupied HU | 679 ( 4.2%) |
| Vacant Housing Units | 12,188 (75.1%) |
| Median Home Value | $825,589 |
| Average Home Value | $966,125 |
Housing Distribution
Address Breakdown
Residential
11,463
Single Family
5,332
Multi-Family
6,131
Businesses
832
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Listed by: Cindy Cole Fine Homes • Keller Williams Realty Destin
Mls Name: ECAOR
Mls ID: #980343