8575 Gulf Blvd UNIT 802NavarreFL32566
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
Rental property for sale in Navarre at 8575 Gulf Blvd UNIT 802, Navarre, FL, 32566 generates $2,134/mo in rent, after a $3,597/mo payment. Total monthly income is $2,134/mo. Return on cash invested sits at 2.47% in year one, and rental yield is 3.48% on a $735,000 entry. Equity gained on principal adds $4,743/yr, while 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 11.33% and total cumulative return in cash sums $27,408. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,134/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$801 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32566, Navarre, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,513 (100%) |
| Owner Occupied HU | 14,355 (70.0%) |
| Renter Occupied HU | 3,832 (18.7%) |
| Vacant Housing Units | 2,326 (11.3%) |
| Median Home Value | $401,900 |
| Average Home Value | $451,144 |
Housing Distribution
Address Breakdown
Residential
19,041
Single Family
18,600
Multi-Family
441
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer E Daniel • Coastal Realty Services
Mls Name: ECAOR
Mls Provider:
Mls ID: #982304
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189