4836 Ocean BlvdDestinFL32541
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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 Destin at 4836 Ocean Blvd, Destin, FL, 32541 with 5% annual appreciation on a $1,799,000 basis while $4,585/mo rent supports operations. 23% in year one. Equity gained on principal adds $11,609/yr, and five-year appreciation sums $497,031 alongside rental yield of 3.06%. Five-year ROI measures 19.62% and total cumulative return in cash totals $114,345. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,585/mo property income versus a $8,805/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
2,613 sqft lot
$N/A/sqft
$1,463 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32541, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,791 (100%) |
| Owner Occupied HU | 5,904 (35.2%) |
| Renter Occupied HU | 2,755 (16.4%) |
| Vacant Housing Units | 8,132 (48.4%) |
| Median Home Value | $564,888 |
| Average Home Value | $744,336 |
Housing Distribution
Address Breakdown
Residential
15,355
Single Family
8,027
Multi-Family
7,328
Businesses
1,388
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Listed by: Brett M Bianca • Compass
Mls Name: ECAOR
Mls Provider:
Mls ID: #974600
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