229 Windrow WayInlet BeachFL32461
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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 Inlet Beach at 229 Windrow Way, Inlet Beach, FL, 32461 priced at $1,040,000 converts $3,588/mo rent into after a $5,090/mo obligation. Total monthly income equals $3,588/mo. Return on cash invested prints 7.88% in year one, and rental yield reads 4.14% against a $1,040,000 entry. Equity gained on principal adds $6,711/yr, while 5% annual appreciation compiles into $287,333 by year five. Five-year ROI reaches 39.07% and total cumulative return in cash sums $131,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,588/mo property income covering a $5,090/mo payment, not borrower’s personal income.
Single Family
Built in 2020
5,662 sqft lot
$N/A/sqft
$585 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32461, Rosemary Bch, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,011 (100%) |
| Owner Occupied HU | 1,287 (21.4%) |
| Renter Occupied HU | 346 ( 5.8%) |
| Vacant Housing Units | 4,378 (72.8%) |
| Median Home Value | $1,039,474 |
| Average Home Value | $1,236,348 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
2,563
Multi-Family
817
Businesses
242
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Listed by: Lucas M Gough • Live 30A Real Estate LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #976782
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