309 Kepner Dr NEFort Walton BeachFL32548
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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 Fort Walton Beach at 309 Kepner Dr NE, Fort Walton Beach, FL, 32548 with 5% annual appreciation on a $400,000 basis while $3,191/mo rent supports operations. Total monthly income totals $3,191/mo and a $1,958/mo payment preserves $536/mo for cash returns. Annual cash flow comes to $6,436/yr on $132,600 deployed, and return on cash invested reaches 24.76% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 9.57%. Five-year ROI measures 129.48% and total cumulative return in cash totals $171,688.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,191/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32548, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,809 (100%) |
| Owner Occupied HU | 6,240 (45.2%) |
| Renter Occupied HU | 4,003 (29.0%) |
| Vacant Housing Units | 3,566 (25.8%) |
| Median Home Value | $391,243 |
| Average Home Value | $470,098 |
Housing Distribution
Address Breakdown
Residential
12,091
Single Family
10,031
Multi-Family
2,060
Businesses
1,348
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A