36 Pine Lake DrPt WashingtonFL32459
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
Rental property for sale in Pt Washington at 36 Pine Lake Dr, Pt Washington, FL, 32459 offers $4,799/mo rent that, after a $4,268/mo payment. Total monthly income is $4,799/mo. Return on cash invested measures 14.78% in year one, and rental yield stands at 6.6% at a $871,950 entry. Equity gained on principal adds $5,627/yr while 5% annual appreciation compounds into $240,904 by year five. Five-year ROI records 76.31% and total cumulative return in cash reaches $218,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,799/mo property income versus a $4,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6,969 sqft lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32459, Santa Rosa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,830 (100%) |
| Owner Occupied HU | 8,154 (39.1%) |
| Renter Occupied HU | 2,773 (13.3%) |
| Vacant Housing Units | 9,903 (47.5%) |
| Median Home Value | $762,452 |
| Average Home Value | $945,293 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
12,773
Multi-Family
2,500
Businesses
1,346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Kuzila • Redfin Corporation
Mls Name: CPAR
Mls Provider:
Mls ID: #775994
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.