90 Baybridge DrGulf BreezeFL32561
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.97% yield at 90 Baybridge Dr, Gulf Breeze, FL, 32561 in Gulf Breeze is solid, but the $3,170/mo payment compresses net cash flow to $2/mo at $705,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $194,779 by year five, and $6,493/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.48) without U.S. income documentation. Total projected return: $268,836.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $2 | $1,200 |
City averages based on Gulf Breeze market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,680 |
| Total Monthly Debt Service | $4,398 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32561, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,393 (55.3%) |
| Renter Occupied HU | 764 (12.5%) |
| Vacant Housing Units | 1,975 (32.2%) |
| Median Home Value | $619,940 |
| Average Home Value | $716,973 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
3,596
Multi-Family
959
Businesses
368
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
Condo
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32561, Gulf Breeze, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,393 (55.3%) |
| Renter Occupied HU | 764 (12.5%) |
| Vacant Housing Units | 1,975 (32.2%) |
| Median Home Value | $619,940 |
| Average Home Value | $716,973 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
3,596
Multi-Family
959
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miriam Breeden • HomeSmart Sunshine Realty
Mls Name: PAR
Mls ID: #669184