343 Kepner Dr NEFort Walton BeachFL32548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 343 Kepner Dr NE, Fort Walton Beach, FL, 32548 with 5% annual appreciation on a $209,900 basis while $1,429/mo rent supports operations. Total monthly income totals $1,429/mo and a $1,027/mo payment preserves $36/mo for cash returns. Annual cash flow comes to $437/yr on $69,582 deployed, and return on cash invested reaches 20.54% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 8.17%. Five-year ROI measures 106.83% and total cumulative return in cash totals $74,336.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,429/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cosmo M Spellings • Assurance Realty of NWFL LLC
Mls Name: ECAOR
Mls ID: #987582