9500 Grand Sandestin Blvd #2215Miramar BeachFL32550
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
Investment property for sale in Miramar Beach at 9500 Grand Sandestin Blvd #2215, Miramar Beach, FL, 32550 listed at $230,000 pairs $1,625/mo rent with a $1,126/mo payment to leave $98/mo cash flow. Total monthly income runs $1,625/mo, and annual cash flow reaches $1,181/yr on $76,245 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 8.48% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 111.79% and total cumulative return in cash totals $85,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,625/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt Anich • Counts Real Estate Group Inc
Mls Name: CPAR
Mls Provider:
Mls ID: #779247
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.