37 Ruth StMiramar BeachFL32550
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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 Miramar Beach at 37 Ruth St, Miramar Beach, FL, 32550 at $1,384,999 posts ROI 10.01% with from $5,460/mo rent. Total monthly income equals $5,460/mo. Return on cash invested measures 10.01% and rental yield reads 4.73% at the current $1,384,999. Equity gained on principal adds $8,937/yr, and 5% annual appreciation supports $382,650 by year five. Five-year ROI prints 50.42% and total cumulative return in cash totals $226,262. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,460/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
5,000 sqft lot
$N/A/sqft
$425 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32550, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,233 (100%) |
| Owner Occupied HU | 3,366 (20.7%) |
| Renter Occupied HU | 679 ( 4.2%) |
| Vacant Housing Units | 12,188 (75.1%) |
| Median Home Value | $825,589 |
| Average Home Value | $966,125 |
Housing Distribution
Address Breakdown
Residential
11,463
Single Family
5,332
Multi-Family
6,131
Businesses
832
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Listed by: Cherissa Cabahug • 1 Percent Lists Florida Coast
Mls Name: ECAOR
Mls Provider:
Mls ID: #959414
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189