402 Marshall Ct NW UNIT 8Fort Walton BeachFL32548
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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 Fort Walton Beach at 402 Marshall Ct NW UNIT 8, Fort Walton Beach, FL, 32548 uses $36,134 cash to close to unlock $1,730/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $868/mo, and a $534/mo payment keeps the spread at $144/mo. Purchase price stands at $109,000, and rental yield measures 9.56% with $868/mo rent. Return on cash invested shows 24.7% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 129.21% and total cumulative return in cash records $46,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $868/mo property income covering a $534/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32548, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,809 (100%) |
| Owner Occupied HU | 6,240 (45.2%) |
| Renter Occupied HU | 4,003 (29.0%) |
| Vacant Housing Units | 3,566 (25.8%) |
| Median Home Value | $391,243 |
| Average Home Value | $470,098 |
Housing Distribution
Address Breakdown
Residential
12,091
Single Family
10,031
Multi-Family
2,060
Businesses
1,348
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Listed by: Amber M Carpenter • Endless Horizons Realty Inc
Mls Name: ECAOR
Mls ID: #990009