518 Parkview Rd NW UNIT BFort Walton BeachFL32547
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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 Fort Walton Beach at 518 Parkview Rd NW UNIT B, Fort Walton Beach, FL, 32547 at $292,850 posts ROI 21.81% with $154/mo cash flow from $2,160/mo rent. Total monthly income equals $2,160/mo, and annual cash flow records $1,845/yr on $97,080 to close. Return on cash invested measures 21.81% and rental yield reads 8.85% at the current $292,850. Equity gained on principal adds $1,890/yr, and 5% annual appreciation supports $80,909 by year five. Five-year ROI prints 113.92% and total cumulative return in cash totals $110,591.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2005
3,049 sqft lot
$N/A/sqft
$50 monthly 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
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Listed by: The Schultz Team • EXP Realty LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #967528
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