93 Orman CtWatersoundFL32461
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
Investment Highlights
Rental property for sale in Watersound at 93 Orman Ct, Watersound, FL, 32461 offers $5,700/mo rent that, after a $5,849/mo payment. Total monthly income is $5,700/mo. Return on cash invested measures 13.46% in year one, and rental yield stands at 5.72% at a $1,195,000 entry. Equity gained on principal adds $7,711/yr while 5% annual appreciation compounds into $330,156 by year five. Five-year ROI records 68.75% and total cumulative return in cash reaches $266,174. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,700/mo property income versus a $5,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32461, Rosemary Bch, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,011 (100%) |
| Owner Occupied HU | 1,287 (21.4%) |
| Renter Occupied HU | 346 ( 5.8%) |
| Vacant Housing Units | 4,378 (72.8%) |
| Median Home Value | $1,039,474 |
| Average Home Value | $1,236,348 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
2,563
Multi-Family
817
Businesses
242
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Listed by: Tanika O'Brien • Compass
Mls Name: ECAOR
Mls ID: #991667