23 Paradise Point RdShalimarFL32579
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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 Shalimar at 23 Paradise Point Rd, Shalimar, FL, 32579 at $1,850,000 posts ROI 4.95% with from $4,573/mo rent. Total monthly income equals $4,573/mo. Return on cash invested measures 4.95% and rental yield reads 2.97% at the current $1,850,000. Equity gained on principal adds $11,938/yr, and 5% annual appreciation supports $511,121 by year five. Five-year ROI prints 23.1% and total cumulative return in cash totals $138,481. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,573/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32579, Shalimar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,192 (65.5%) |
| Renter Occupied HU | 1,384 (28.4%) |
| Vacant Housing Units | 295 ( 6.1%) |
| Median Home Value | $499,269 |
| Average Home Value | $603,446 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,280
Multi-Family
623
Businesses
321
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