40 Baybridge Dr #JGulf BreezeFL32561
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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 Gulf Breeze at 40 Baybridge Dr #J, Gulf Breeze, FL, 32561 listed at $284,900 pairs $2,116/mo rent with a $1,394/mo payment to leave $226/mo cash flow. Total monthly income runs $2,116/mo, and annual cash flow reaches $2,710/yr on $94,444 cash to close. Return on cash invested measures 22.78% in year one, and rental yield registers 8.91% at a $284,900 basis. Equity gained on principal adds $1,838/yr, and annual property appreciation at 5% supports $78,713 by year five. Five-year ROI tracks 118.81% and total cumulative return in cash totals $112,211. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,116/mo property income relative to a $1,394/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32561, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,393 (55.3%) |
| Renter Occupied HU | 764 (12.5%) |
| Vacant Housing Units | 1,975 (32.2%) |
| Median Home Value | $619,940 |
| Average Home Value | $716,973 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
3,596
Multi-Family
959
Businesses
368
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Listed by: Donna Knauer • Avenue Realty
Mls Name: PAR
Mls ID: #673504