492 Soundview CtMary EstherFL32569
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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 Mary Esther at 492 Soundview Ct, Mary Esther, FL, 32569 generates $2,839/mo in rent, after a $2,716/mo payment. Total monthly income is $2,839/mo. Return on cash invested sits at 11.89% in year one, and rental yield is 6.14% on a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 61.38% and total cumulative return in cash sums $112,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,839/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
3,049 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32569, Mary Esther, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,848 (100%) |
| Owner Occupied HU | 3,490 (59.7%) |
| Renter Occupied HU | 1,893 (32.4%) |
| Vacant Housing Units | 465 ( 8.0%) |
| Median Home Value | $383,658 |
| Average Home Value | $456,649 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,418
Multi-Family
118
Businesses
544
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Listed by: Cynthia Laurendi • RE/MAX Gulf Coast Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #976453
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