670 Santa Rosa Blvd UNIT 503Fort Walton BeachFL32548
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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 670 Santa Rosa Blvd UNIT 503, Fort Walton Beach, FL, 32548 listed at $439,900 pairs $2,972/mo rent with a $2,153/mo payment to leave $53/mo cash flow. Total monthly income runs $2,972/mo, and annual cash flow reaches $634/yr on $145,827 cash to close. Return on cash invested measures 20.34% in year one, and rental yield registers 8.11% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 105.75% and total cumulative return in cash totals $154,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,972/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Karen L Lichauer • ERA American Real Estate
Mls Name: ECAOR
Mls ID: #991274