66 Los Angeles StMiramar BeachFL32550
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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 Miramar Beach at 66 Los Angeles St, Miramar Beach, FL, 32550 priced at $1,250,000 converts $5,728/mo rent into after a $6,118/mo obligation. Total monthly income equals $5,728/mo. Return on cash invested prints 12.76% in year one, and rental yield reads 5.5% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 65.02% and total cumulative return in cash sums $263,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,728/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 2002
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32550, Destin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,233 (100%) |
| Owner Occupied HU | 3,366 (20.7%) |
| Renter Occupied HU | 679 ( 4.2%) |
| Vacant Housing Units | 12,188 (75.1%) |
| Median Home Value | $825,589 |
| Average Home Value | $966,125 |
Housing Distribution
Address Breakdown
Residential
11,463
Single Family
5,332
Multi-Family
6,131
Businesses
832
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Listed by: Brendon Wung • EXP Realty, LLC
Mls Name: PAR
Mls ID: #675636