86 Breakwater Bay Unit 10EMiramar 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 86 Breakwater Bay Unit 10E, Miramar Beach, FL, 32550 listed at $389,000 pairs $2,658/mo rent with a $1,904/mo payment to leave $76/mo cash flow. Total monthly income runs $2,658/mo, and annual cash flow reaches $918/yr on $128,954 cash to close. Return on cash invested measures 20.62% in year one, and rental yield registers 8.2% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 107.25% and total cumulative return in cash totals $138,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,658/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
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 |
Housing Distribution
Address Breakdown
Residential
11,463
Single Family
5,332
Multi-Family
6,131
Businesses
832
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Listed by: Jan N Hooks • Jan Hooks Real Estate Group Inc
Mls Name: ECAOR
Mls ID: #993967