621 E Shipwreck RdSanta 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
Investment property for sale in Santa Rosa Beach at 621 E Shipwreck Rd, Santa Rosa Beach, FL, 32459 at $879,900 posts ROI 18.56% with from $5,494/mo rent. Total monthly income equals $5,494/mo. Return on cash invested measures 18.56% and rental yield reads 7.49% at the current $879,900. Equity gained on principal adds $5,678/yr, and 5% annual appreciation supports $243,100 by year five. Five-year ROI prints 96.17% and total cumulative return in cash totals $278,413. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,494/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.57 Acres lot
$N/A/sqft
$200 annually 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: Donna Sneed • Pearl Beach Realty LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #972382
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