24 Bayshore Pines Ct SMiramar BeachFL32550
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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 Miramar Beach at 24 Bayshore Pines Ct S, Miramar Beach, FL, 32550 at $618,000 posts ROI 25.56% with $933/mo cash flow from $5,034/mo rent. Total monthly income equals $5,034/mo, and annual cash flow records $11,192/yr on $203,322 to close. Return on cash invested measures 25.56% and rental yield reads 9.77% at the current $618,000. Equity gained on principal adds $3,988/yr, and 5% annual appreciation supports $170,742 by year five. Five-year ROI prints 133.73% and total cumulative return in cash totals $271,907.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,034/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32550, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,233 (100%) |
| Owner Occupied HU | 3,366 (20.7%) |
| Renter Occupied HU | 679 ( 4.2%) |
| Vacant Housing Units | 12,188 (75.1%) |
| Median Home Value | $825,589 |
| Average Home Value | $966,125 |
Housing Distribution
Address Breakdown
Residential
11,463
Single Family
5,332
Multi-Family
6,131
Businesses
832
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Listed by: Jim Little • Destin Luxury Real Estate and Rental
Mls Name: ECAOR
Mls Provider:
Mls ID: #983830
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