43 Summerhaven Trl UNIT 3Miramar 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
Rental property for sale in Miramar Beach at 43 Summerhaven Trl UNIT 3, Miramar Beach, FL, 32550 offers $3,985/mo rent that, after a $2,090/mo payment, leaves $1,051/mo cash flow. Total monthly income is $3,985/mo, and annual cash flow is $12,616/yr on $141,551 cash. Return on cash invested measures 28.82% in year one, and rental yield stands at 11.2% at a $427,000 entry. Equity gained on principal adds $2,755/yr while 5% annual appreciation compounds into $117,972 by year five. Five-year ROI records 151.54% and total cumulative return in cash reaches $214,509. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,985/mo property income versus a $2,090/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
$300 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert C Watson • Corcoran Reverie SRB
Mls Name: ECAOR
Mls Provider:
Mls ID: #976815
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