310 Davenport CtFort Walton BeachFL32547
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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 310 Davenport Ct, Fort Walton Beach, FL, 32547 uses $52,941 cash to close to unlock $2,014/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,228/mo, and a $782/mo payment keeps the spread at $168/mo. Purchase price stands at $159,700, and rental yield measures 9.23% with $1,228/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $44,122 over five years. Five-year ROI reaches 123.84% and total cumulative return in cash records $65,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,228/mo property income covering a $782/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
2,178 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
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Listed by: Judy Couto • Eglin Realty Inc
Mls Name: ECAOR
Mls ID: #983890