300 Ridgewood AveMary EstherFL32569
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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
Investment property for sale in Mary Esther at 300 Ridgewood Ave, Mary Esther, FL, 32569 at $215,000 posts ROI 22.54% with $157/mo cash flow from $1,583/mo rent. Total monthly income equals $1,583/mo, and annual cash flow records $1,878/yr on $71,273 to close. Return on cash invested measures 22.54% and rental yield reads 8.84% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 117.59% and total cumulative return in cash totals $83,809.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,583/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32569, Mary Esther, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,848 (100%) |
| Owner Occupied HU | 3,490 (59.7%) |
| Renter Occupied HU | 1,893 (32.4%) |
| Vacant Housing Units | 465 ( 8.0%) |
| Median Home Value | $383,658 |
| Average Home Value | $456,649 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,418
Multi-Family
118
Businesses
544
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Listed by: Blue Wave Group • Coldwell Banker Realty
Mls Name: ECAOR
Mls ID: #990229