670 Santa Rosa Blvd Unit 303Fort Walton BeachFL32548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 670 Santa Rosa Blvd Unit 303, Fort Walton Beach, FL, 32548 offers a 8.19% rental yield on a $444,900 purchase with $3,035/mo rent. Total monthly income registers $3,035/mo, and a $2,178/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $986/yr on $147,484 to close, and return on cash invested stands at 20.58% in year one. Equity gained on principal adds $2,871/yr while 5% annual appreciation supports $122,918 over five years. Portfolio math shows five-year ROI at 107.04% and total cumulative return in cash at $157,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,035/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32548, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,809 (100%) |
| Owner Occupied HU | 6,240 (45.2%) |
| Renter Occupied HU | 4,003 (29.0%) |
| Vacant Housing Units | 3,566 (25.8%) |
| Median Home Value | $391,243 |
| Average Home Value | $470,098 |
Housing Distribution
Address Breakdown
Residential
12,091
Single Family
10,031
Multi-Family
2,060
Businesses
1,348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean R Lauten • Realty Pro Group LLC
Mls Name: ECAOR
Mls ID: #988422