2001 Devmor Ct #2CFort Walton BeachFL32548
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
Investment property for sale in Fort Walton Beach at 2001 Devmor Ct #2C, Fort Walton Beach, FL, 32548 listed at $355,000 pairs $1,807/mo rent with a $1,738/mo payment. Total monthly income runs $1,807/mo. Return on cash invested measures 14.31% in year one, and rental yield registers 6.11% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 73.4% and total cumulative return in cash totals $86,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,807/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32548, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,809 (100%) |
| Owner Occupied HU | 6,240 (45.2%) |
| Renter Occupied HU | 4,003 (29.0%) |
| Vacant Housing Units | 3,566 (25.8%) |
| Median Home Value | $391,243 |
| Average Home Value | $470,098 |
Housing Distribution
Address Breakdown
Residential
12,091
Single Family
10,031
Multi-Family
2,060
Businesses
1,348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: At The Beach Team • Keller Williams Realty Destin
Mls Name: ECAOR
Mls ID: #991176