32 Bay Dr SEFort 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 32 Bay Dr SE, Fort Walton Beach, FL, 32548 earns from $3,044/mo rent with a $3,764/mo payment. Total monthly income totals $3,044/mo. ROI tracks 10.29% on current figures, and rental yield reads 4.75% at a $769,000 purchase. Equity gained on principal adds $4,962/yr, and 5% annual appreciation supports $212,461 over five years. Five-year ROI reaches 51.83% and total cumulative return in cash sums $131,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,044/mo property income instead of your personal income.
Single Family
Built in 1995
0.46 Acres 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: Matthew W Williams • World Impact Real Estate
Mls Name: ECAOR
Mls ID: #988001