374 S Shore DrMiramar BeachFL32550
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 Miramar Beach at 374 S Shore Dr, Miramar Beach, FL, 32550 at $650,000 posts ROI 24.87% with $858/mo cash flow from $5,171/mo rent. Total monthly income equals $5,171/mo, and annual cash flow records $10,295/yr on $213,850 to close. Return on cash invested measures 24.87% and rental yield reads 9.55% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 130.02% and total cumulative return in cash totals $278,042.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,171/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
9,583 sqft lot
$N/A/sqft
No 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: Joshua H Callahan • Scenic Sotheby's International Realty
Mls Name: ECAOR
Mls ID: #981419