4418 Southwinds Dr #4418Miramar 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
Total monthly income runs $5,208/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 4.17% with $5,208/mo rent. Return on cash invested shows 1.71% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 8.29% and total cumulative return in cash records $40,283. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,208/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$2,809 monthly 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: Dahler & Co. • Scenic Sotheby's International Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #979624
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