889 Solimar WayMary EstherFL32569
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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 Mary Esther at 889 Solimar Way, Mary Esther, FL, 32569 earns $608/mo cash flow from $3,926/mo rent with a $2,447/mo payment. Total monthly income totals $3,926/mo, and annual cash flow totals $7,298/yr on $165,750 capital. ROI tracks 24.31% on current figures, and rental yield reads 9.42% at a $499,999 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 127.06% and total cumulative return in cash sums $210,595. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,926/mo property income instead of your personal income.
Single Family
Built in 2008
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32569, Mary Esther, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,848 (100%) |
| Owner Occupied HU | 3,490 (59.7%) |
| Renter Occupied HU | 1,893 (32.4%) |
| Vacant Housing Units | 465 ( 8.0%) |
| Median Home Value | $383,658 |
| Average Home Value | $456,649 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,418
Multi-Family
118
Businesses
544
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Listed by: Kristen A Weller • Coldwell Banker Realty
Mls Name: ECAOR
Mls ID: #981485