515 Topsl Beach Blvd APT 901Miramar BeachFL32550
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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 Miramar Beach at 515 Topsl Beach Blvd APT 901, Miramar Beach, FL, 32550 earns from $3,135/mo rent with a $3,279/mo payment. Total monthly income totals $3,135/mo. ROI tracks 7.07% on current figures, and rental yield reads 5.61% at a $670,000 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,109 over five years. Five-year ROI reaches 36.69% and total cumulative return in cash sums $80,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,135/mo property income instead of your personal income.
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
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Listed by: Abbott Martin Group • EXP Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #771940
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.