37 Cherry Laurel DrSanta Rosa BeachFL32459
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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 Santa Rosa Beach at 37 Cherry Laurel Dr, Santa Rosa Beach, FL, 32459 with 5% annual appreciation on a $1,475,000 basis while $10,630/mo rent supports operations. Total monthly income totals $10,630/mo and a $7,219/mo payment preserves $615/mo for cash returns. Annual cash flow comes to $7,384/yr on $477,900 deployed, and return on cash invested reaches 21.92% in year one. Equity gained on principal adds $9,518/yr, and five-year appreciation sums $407,515 alongside rental yield of 8.65%. Five-year ROI measures 114.31% and total cumulative return in cash totals $546,286.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $10,630/mo property income versus a $7,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
10,454 sqft lot
$N/A/sqft
$680 quarterly 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
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Listed by: Celia Pardue • EXP Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #760223
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.