2800 Scenic Gulf Dr UNIT 43Miramar 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 2800 Scenic Gulf Dr UNIT 43, Miramar Beach, FL, 32550 uses $180,950 cash to close to unlock $817/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $3,718/mo, and a $2,692/mo payment keeps the spread at $68/mo. Purchase price stands at $550,000, and rental yield measures 8.11% with $3,718/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 106.65% and total cumulative return in cash records $192,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,718/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1981
N/A 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: Shannyn P Stevenson • Newman Dailey Resort Properties
Mls Name: ECAOR
Mls ID: #985097