6422 Us Highway 98 E #404Rosemary BeachFL32461
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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 Rosemary Beach at 6422 Us Highway 98 E #404, Rosemary Beach, FL, 32461 generates $3,180/mo in rent and, after a $2,031/mo payment, leaves $426/mo in cash flow. Total monthly income is $3,180/mo, and annual cash flow is $5,115/yr on $137,573 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 9.2% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 123.38% and total cumulative return in cash sums $169,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32461, Rosemary Bch, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,011 (100%) |
| Owner Occupied HU | 1,287 (21.4%) |
| Renter Occupied HU | 346 ( 5.8%) |
| Vacant Housing Units | 4,378 (72.8%) |
| Median Home Value | $1,039,474 |
| Average Home Value | $1,236,348 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
2,563
Multi-Family
817
Businesses
242
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Listed by: Blankenship Watkins Advisory Group • Christies International Real Estate Emerald Coast
Mls Name: ECAOR
Mls ID: #983520