211 Evergreen DrMary EstherFL32569
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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 Mary Esther at 211 Evergreen Dr, Mary Esther, FL, 32569 with 5% annual appreciation on a $110,000 basis while $858/mo rent supports operations. Total monthly income totals $858/mo and a $538/mo payment preserves $128/mo for cash returns. Annual cash flow comes to $1,541/yr on $36,465 deployed, and return on cash invested reaches 24.14% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.36%. Five-year ROI measures 126.17% and total cumulative return in cash totals $46,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $858/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1996
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32569, Mary Esther, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,848 (100%) |
| Owner Occupied HU | 3,490 (59.7%) |
| Renter Occupied HU | 1,893 (32.4%) |
| Vacant Housing Units | 465 ( 8.0%) |
| Median Home Value | $383,658 |
| Average Home Value | $456,649 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,418
Multi-Family
118
Businesses
544
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Listed by: Heidi A Best Swift • ERA American Real Estate
Mls Name: ECAOR
Mls ID: #987963