209 Honeytree LnFort Walton BeachFL32548
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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
Rental property for sale in Fort Walton Beach at 209 Honeytree Ln, Fort Walton Beach, FL, 32548 priced at $314,999 converts $2,190/mo rent into $99/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,190/mo, and annual cash flow totals $1,193/yr on $104,422 invested. Return on cash invested prints 21.05% in year one, and rental yield reads 8.34% against a $314,999 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,028 by year five. Five-year ROI reaches 109.58% and total cumulative return in cash sums $114,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,190/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
3,484 sqft 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
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Listed by: Joshua D Legare • EXP Realty LLC
Mls Name: ECAOR
Mls ID: #991977