60 Maddox StSanta Rosa BeachFL32459
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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
Rental property for sale in Santa Rosa Beach at 60 Maddox St, Santa Rosa Beach, FL, 32459 generates $3,386/mo in rent, after a $2,543/mo payment. Total monthly income is $3,386/mo. Return on cash invested sits at 19.01% in year one, and rental yield is 7.82% on a $519,500 entry. Equity gained on principal adds $3,352/yr, while 5% annual appreciation builds toward $143,528 over five years. Five-year ROI reaches 98.82% and total cumulative return in cash sums $168,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,386/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
N/A lot
$N/A/sqft
$263 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32459, Santa Rosa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,830 (100%) |
| Owner Occupied HU | 8,154 (39.1%) |
| Renter Occupied HU | 2,773 (13.3%) |
| Vacant Housing Units | 9,903 (47.5%) |
| Median Home Value | $762,452 |
| Average Home Value | $945,293 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
12,773
Multi-Family
2,500
Businesses
1,346
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Listed by: William J Kuzila • Redfin Corporation
Mls Name: ECAOR
Mls Provider:
Mls ID: #974018
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