739 Old Ferry RdPoint WashingtonFL32459
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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 Point Washington at 739 Old Ferry Rd, Point Washington, FL, 32459 priced at $889,900 converts $8,400/mo rent into $2,494/mo cash flow after a $4,356/mo obligation. Total monthly income equals $8,400/mo, and annual cash flow totals $29,929/yr on $292,777 invested. Return on cash invested prints 30.28% in year one, and rental yield reads 11.33% against a $889,900 entry. Equity gained on principal adds $5,742/yr, while 5% annual appreciation compiles into $245,863 by year five. Five-year ROI reaches 159.04% and total cumulative return in cash sums $465,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,400/mo property income covering a $4,356/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32459, Santa Rosa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,830 (100%) |
| Owner Occupied HU | 8,154 (39.1%) |
| Renter Occupied HU | 2,773 (13.3%) |
| Vacant Housing Units | 9,903 (47.5%) |
| Median Home Value | $762,452 |
| Average Home Value | $945,293 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
12,773
Multi-Family
2,500
Businesses
1,346
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Listed by: Pamela K Hawkins • DR Horton Realty of Emerald Coast LLC
Mls Name: ECAOR
Mls ID: #986420