507 Williams StFort Walton BeachFL32547
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
Investment property for sale in Fort Walton Beach at 507 Williams St, Fort Walton Beach, FL, 32547 with 5% annual appreciation on a $405,000 basis while $2,543/mo rent supports operations. 62% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 7.53%. Five-year ROI measures 96.51% and total cumulative return in cash totals $129,566. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,543/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32547, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 8,251 (49.7%) |
| Renter Occupied HU | 7,177 (43.2%) |
| Vacant Housing Units | 1,175 ( 7.1%) |
| Median Home Value | $369,479 |
| Average Home Value | $461,888 |
Housing Distribution
Address Breakdown
Residential
15,950
Single Family
14,806
Multi-Family
1,144
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric C Howell • Christies International Real Estate Emerald Coast
Mls Name: ECAOR
Mls ID: #986193