210 Pelham Rd UNIT 112AFort Walton BeachFL32547
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 210 Pelham Rd UNIT 112A, Fort Walton Beach, FL, 32547 earns $139/mo cash flow from $1,616/mo rent with a $695/mo payment. Total monthly income totals $1,616/mo, and annual cash flow totals $1,664/yr on $47,073 capital. ROI tracks 23.44% on current figures, and rental yield reads 13.66% at a $142,000 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 over five years. Five-year ROI reaches 127.36% and total cumulative return in cash sums $59,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,616/mo property income instead of your 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mallory K Tidwell • Gulfside Haven LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #979298
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189