45 Town Center Loop UNIT 317Santa Rosa BeachFL32459
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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
Rental property for sale in Santa Rosa Beach at 45 Town Center Loop UNIT 317, Santa Rosa Beach, FL, 32459 generates $2,072/mo in rent, after a $1,713/mo payment. Total monthly income is $2,072/mo. Return on cash invested sits at 17.32% in year one, and rental yield is 7.1% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 89.56% and total cumulative return in cash sums $103,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,072/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32459, Santa Rosa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,830 (100%) |
| Owner Occupied HU | 8,154 (39.1%) |
| Renter Occupied HU | 2,773 (13.3%) |
| Vacant Housing Units | 9,903 (47.5%) |
| Median Home Value | $762,452 |
| Average Home Value | $945,293 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
12,773
Multi-Family
2,500
Businesses
1,346
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Listed by: Jason A Green • Watersound Real Estate
Mls Name: ECAOR
Mls ID: #988266