515 Topsl Beach Blvd APT 302Miramar 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
Investment property for sale in Miramar Beach at 515 Topsl Beach Blvd APT 302, Miramar Beach, FL, 32550 listed at $430,000 pairs $2,930/mo rent with a $2,105/mo payment. Total monthly income runs $2,930/mo. Return on cash invested measures 11.5% in year one, and rental yield registers 8.18% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 61.65% and total cumulative return in cash totals $87,879. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,930/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
N/A lot
$N/A/sqft
$1,075 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: Abbott Martin Group • EXP Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #776008
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.