36 Lee LnMary EstherFL32569
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 Mary Esther at 36 Lee Ln, Mary Esther, FL, 32569 uses $132,600 cash to close to unlock $3,004/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $2,905/mo, and a $1,958/mo payment keeps the spread at $250/mo. Purchase price stands at $400,000, and rental yield measures 8.71% with $2,905/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 115.6% and total cumulative return in cash records $153,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,905/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cora J Rasmussen • Realty ONE Group Emerald Coast
Mls Name: ECAOR
Mls ID: #987762