29 N Somerset St UNIT 303Rosemary 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
Investment property for sale in Rosemary Beach at 29 N Somerset St UNIT 303, Rosemary Beach, FL, 32461 projects strong ROI of -1.31%. Rental yield 1.71%. With 5% annual appreciation, the property builds $937,976 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$6,580 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: Ben R Bricken • Alys Beach Properties Llc
Mls Name: ECAOR
Mls Provider:
Mls ID: #973956
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