5353 Pine Ridge Ln #5353Miramar 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 5353 Pine Ridge Ln #5353, Miramar Beach, FL, 32550 listed at $975,000 pairs $4,703/mo rent with a $4,772/mo payment. Total monthly income runs $4,703/mo. Return on cash invested measures 13.45% in year one, and rental yield registers 5.79% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 68.76% and total cumulative return in cash totals $220,551. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,703/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
No 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: Ginger J Lundstrom • Platinum Realty LLC
Mls Name: ECAOR
Mls ID: #953278