911 Lighthouse RdFort 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
Rental property for sale in Fort Walton Beach at 911 Lighthouse Rd, Fort Walton Beach, FL, 32547 generates $3,002/mo in rent, after a $5,482/mo payment. Total monthly income is $3,002/mo. Return on cash invested sits at 5.72% in year one, and rental yield is 3.22% on a $1,120,000 entry. Equity gained on principal adds $7,227/yr, while 5% annual appreciation builds toward $309,435 over five years. Five-year ROI reaches 27.25% and total cumulative return in cash sums $98,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,002/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.25 Acres 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: Steve Koleno • Beycome of Florida LLC
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #979628
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.