The Destin Plan, Rhett's RunJayFL32565
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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 Jay at The Destin Plan, Rhett's Run, Jay, FL, 32565 offers $2,204/mo rent that, after a $1,972/mo payment. Total monthly income is $2,204/mo. Return on cash invested measures 15.69% in year one, and rental yield stands at 6.56% at a $402,900 entry. Equity gained on principal adds $2,600/yr while 5% annual appreciation compounds into $111,314 by year five. Five-year ROI records 80.82% and total cumulative return in cash reaches $107,942. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,204/mo property income versus a $1,972/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32565, Jay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,925 (100%) |
| Owner Occupied HU | 2,281 (78.0%) |
| Renter Occupied HU | 383 (13.1%) |
| Vacant Housing Units | 261 ( 8.9%) |
| Median Home Value | $284,646 |
| Average Home Value | $342,646 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,811
Multi-Family
0
Businesses
184
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