339 Michael CtMary EstherFL32569
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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
Rental property for sale in Mary Esther at 339 Michael Ct, Mary Esther, FL, 32569 offers $2,222/mo rent that, after a $1,639/mo payment. Total monthly income is $2,222/mo. Return on cash invested measures 19.91% in year one, and rental yield stands at 7.96% at a $334,900 entry. Equity gained on principal adds $2,161/yr while 5% annual appreciation compounds into $92,527 by year five. Five-year ROI records 103.42% and total cumulative return in cash reaches $114,817. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,222/mo property income versus a $1,639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32569, Mary Esther, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,848 (100%) |
| Owner Occupied HU | 3,490 (59.7%) |
| Renter Occupied HU | 1,893 (32.4%) |
| Vacant Housing Units | 465 ( 8.0%) |
| Median Home Value | $383,658 |
| Average Home Value | $456,649 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,418
Multi-Family
118
Businesses
544
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Listed by: Sarah Rivera Koch • Century 21 AllPoints Realty
Mls Name: ECAOR
Mls ID: #990186