858 Scallop Ct UNIT 601Fort Walton BeachFL32547
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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 858 Scallop Ct UNIT 601, Fort Walton Beach, FL, 32547 listed at $1,554,605 pairs $1,906/mo rent with a $7,609/mo payment. Total monthly income runs $1,906/mo. Return on cash invested measures 0.33% in year one, and rental yield registers 1.47% at a $1,554,605 basis. Equity gained on principal adds $10,032/yr, and annual property appreciation at 5% supports $429,509 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,906/mo property income relative to a $7,609/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32547, Fort Walton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 8,251 (49.7%) |
| Renter Occupied HU | 7,177 (43.2%) |
| Vacant Housing Units | 1,175 ( 7.1%) |
| Median Home Value | $369,479 |
| Average Home Value | $461,888 |
Housing Distribution
Address Breakdown
Residential
15,950
Single Family
14,806
Multi-Family
1,144
Businesses
1,072
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Listed by: N/A • Beach Properties of Florida
Mls Name: BHHS broker feed
Mls ID: #962225