850 Forest Shore DrMiramar 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
Investment property for sale in Miramar Beach at 850 Forest Shore Dr, Miramar Beach, FL, 32550 earns $721/mo cash flow from $5,034/mo rent with a $3,181/mo payment. Total monthly income totals $5,034/mo, and annual cash flow totals $8,653/yr on $213,817 capital. ROI tracks 24.11% on current figures, and rental yield reads 9.29% at a $649,900 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 over five years. Five-year ROI reaches 125.93% and total cumulative return in cash sums $269,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,034/mo property income instead of your personal income.
Single Family
Built in 1987
10,018 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: Elizabeth Gant • RE/MAX Coastal Properties
Mls Name: ECAOR
Mls ID: #992298