200 Sandestin Ln APT 709Miramar 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 200 Sandestin Ln APT 709, Miramar Beach, FL, 32550 earns $899/mo cash flow from $2,880/mo rent with a $1,461/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $10,789/yr on $98,953 capital. ROI tracks 30.81% on current figures, and rental yield reads 11.58% at a $298,500 purchase. Equity gained on principal adds $1,926/yr, and 5% annual appreciation supports $82,470 over five years. Five-year ROI reaches 161.94% and total cumulative return in cash sums $160,245. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Condo
Built in 2003
N/A 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: Ginger J Lundstrom • Platinum Realty LLC
Mls Name: ECAOR
Mls ID: #983583