2535 Georgetown LnFort 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
Rental property for sale in Fort Walton Beach at 2535 Georgetown Ln, Fort Walton Beach, FL, 32547 generates $1,674/mo in rent and, after a $1,224/mo payment, leaves $15/mo in cash flow. Total monthly income is $1,674/mo, and annual cash flow is $175/yr on $82,875 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 8.04% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.58% and total cumulative return in cash sums $86,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
2,880 sqft lot
$N/A/sqft
No 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: Dane M Aho • RE/MAX Gulf Coast Realty
Mls Name: ECAOR
Mls ID: #985491