6340 Forest Bay AveGulf BreezeFL32563
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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 Gulf Breeze at 6340 Forest Bay Ave, Gulf Breeze, FL, 32563 uses $159,120 cash to close to unlock $5,039/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $3,672/mo, and a $2,349/mo payment keeps the spread at $420/mo. Purchase price stands at $480,000, and rental yield measures 9.18% with $3,672/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 120.59% and total cumulative return in cash records $191,885. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,672/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 2022
9,800 sqft lot
$N/A/sqft
$200 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32563, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,428 (100%) |
| Owner Occupied HU | 9,968 (74.2%) |
| Renter Occupied HU | 2,712 (20.2%) |
| Vacant Housing Units | 748 ( 5.6%) |
| Median Home Value | $464,351 |
| Average Home Value | $531,893 |
Housing Distribution
Address Breakdown
Residential
13,008
Single Family
12,613
Multi-Family
395
Businesses
514
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Listed by: Emerald Coast Lifestyles Group • Keller Williams Realty Destin
Mls Name: ECAOR
Mls Provider:
Mls ID: #992935
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