646 Emerald LnFort Walton BeachFL32547
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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 Fort Walton Beach at 646 Emerald Ln, Fort Walton Beach, FL, 32547 listed at $265,900 pairs $2,160/mo rent with a $1,301/mo payment to leave $396/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $4,751/yr on $88,146 cash to close. Return on cash invested measures 25.3% in year one, and rental yield registers 9.75% at a $265,900 basis. Equity gained on principal adds $1,716/yr, and annual property appreciation at 5% supports $73,463 by year five. Five-year ROI tracks 132.34% and total cumulative return in cash totals $116,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,301/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1991
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32547, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 8,251 (49.7%) |
| Renter Occupied HU | 7,177 (43.2%) |
| Vacant Housing Units | 1,175 ( 7.1%) |
| Median Home Value | $369,479 |
| Average Home Value | $461,888 |
Housing Distribution
Address Breakdown
Residential
15,950
Single Family
14,806
Multi-Family
1,144
Businesses
1,072
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Listed by: Kyle Stone • LPT Realty
Mls Name: Navarre Area BOR
Mls ID: #987495