321 Bream Ave UNIT 605Fort 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 321 Bream Ave UNIT 605, Fort Walton Beach, FL, 32548 earns from $2,492/mo rent with a $2,423/mo payment. Total monthly income totals $2,492/mo. ROI tracks 14.11% on current figures, and rental yield reads 6.04% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 72.32% and total cumulative return in cash sums $118,666. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,492/mo property income instead of your personal income.
Condo
Built in 1999
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: Mary A Harris Parkhurst • REV Realty
Mls Name: ECAOR
Mls ID: #988240