713 Sandpiper Dr, Miramar Beach, FL, 32550 | 5.86% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,198/mo, and a $4,204/mo payment. Purchase price stands at $859,000, and rental yield measures 5.86% with $4,198/mo rent. Return on cash invested shows 13.68% in year one, and 5% annual appreciation builds toward $237,326 over five years. Five-year ROI reaches 70% and total cumulative return in cash records $197,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,198/mo property income covering a $4,204/mo payment rather than investor’s personal income.

Single Family

Built in 1976

N/A 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