3202 Redwood Ln APT EGulf BreezeFL32563
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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 Gulf Breeze at 3202 Redwood Ln APT E, Gulf Breeze, FL, 32563 uses $54,366 cash to close to unlock $5,296/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $803/mo payment keeps the spread at $441/mo. Purchase price stands at $164,000, and rental yield measures 11.2% with $1,530/mo rent. Return on cash invested shows 29.65% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 155.74% and total cumulative return in cash records $84,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $803/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32563, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,428 (100%) |
| Owner Occupied HU | 9,968 (74.2%) |
| Renter Occupied HU | 2,712 (20.2%) |
| Vacant Housing Units | 748 ( 5.6%) |
| Median Home Value | $464,351 |
| Average Home Value | $531,893 |
Housing Distribution
Address Breakdown
Residential
13,008
Single Family
12,613
Multi-Family
395
Businesses
514
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Listed by: Olena Johns • CENTURY 21 AMERISOUTH REALTY
Mls Name: PAR
Mls ID: #674468