210 Pelham Rd #A217Fort Walton BeachFL32547
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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
Total monthly income runs $845/mo, and a $526/mo payment. Purchase price stands at $107,500, and rental yield measures 9.43% with $845/mo rent. Return on cash invested shows 6.33% in year one, and 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 37.19% and total cumulative return in cash records $13,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $845/mo property income covering a $526/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$535 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32547, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 8,251 (49.7%) |
| Renter Occupied HU | 7,177 (43.2%) |
| Vacant Housing Units | 1,175 ( 7.1%) |
| Median Home Value | $369,479 |
| Average Home Value | $461,888 |
Housing Distribution
Address Breakdown
Residential
15,950
Single Family
14,806
Multi-Family
1,144
Businesses
1,072
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A