373 Suwannee Dr #64AWatersoundFL32461
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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 Watersound at 373 Suwannee Dr #64A, Watersound, FL, 32461 earns $868/mo cash flow from $4,680/mo rent with a $2,516/mo payment. Total monthly income totals $4,680/mo, and annual cash flow totals $10,413/yr on $169,104 capital. ROI tracks 26.22% on current figures, and rental yield reads 10.93% at a $513,995 purchase. Equity gained on principal adds $3,317/yr, and 5% annual appreciation supports $142,007 over five years. Five-year ROI reaches 138.26% and total cumulative return in cash sums $233,806. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,680/mo property income instead of your personal income.
Multi Family
Built in 2025
3,150 sqft lot
$N/A/sqft
$401 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32461, Rosemary Bch, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,011 (100%) |
| Owner Occupied HU | 1,287 (21.4%) |
| Renter Occupied HU | 346 ( 5.8%) |
| Vacant Housing Units | 4,378 (72.8%) |
| Median Home Value | $1,039,474 |
| Average Home Value | $1,236,348 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
2,563
Multi-Family
817
Businesses
242
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Listed by: Harman, Jones, Sullivan • Berkshire Hathaway HomeServices
Mls Name: ECAOR
Mls Provider:
Mls ID: #979063
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