Turquoise Beach DrSanta Rosa BeachFL32459
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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 Santa Rosa Beach at Turquoise Beach Dr, Santa Rosa Beach, FL, 32459 priced at $185,000 pairs $1,415/mo rent with $188/mo cash flow after a $905/mo payment. Total monthly income equals $1,415/mo, and annual cash flow comes to $2,253/yr on $61,328 invested. Return on cash invested is 23.58% in year one, and rental yield stands at 9.18% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 123.16% and total cumulative return in cash reaches $75,531. For financing, Ziffy Mortgage’s DSCR program evaluates $1,415/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32459, Santa Rosa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,830 (100%) |
| Owner Occupied HU | 8,154 (39.1%) |
| Renter Occupied HU | 2,773 (13.3%) |
| Vacant Housing Units | 9,903 (47.5%) |
| Median Home Value | $762,452 |
| Average Home Value | $945,293 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
12,773
Multi-Family
2,500
Businesses
1,346
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Listed by: Aaron Thompson • Engel & Vlkers Tallahassee
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #972219