106 9th StApalachicolaFL32320
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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
Investment property for sale in Apalachicola at 106 9th St, Apalachicola, FL, 32320 uses $92,489 cash to close to unlock $10,434/yr annual cash flow and $869/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,366/mo payment keeps the spread at $869/mo. Purchase price stands at $279,000, and rental yield measures 11.87% with $2,760/mo rent. Return on cash invested shows 31.19% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 164.14% and total cumulative return in cash records $151,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1935
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32320, Apalachicola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,109 (100%) |
| Owner Occupied HU | 1,298 (61.5%) |
| Renter Occupied HU | 432 (20.5%) |
| Vacant Housing Units | 379 (18.0%) |
| Median Home Value | $321,831 |
| Average Home Value | $360,963 |
Housing Distribution
Address Breakdown
Residential
1,618
Single Family
1,616
Multi-Family
2
Businesses
162
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Listed by: Samantha Fortunas • Gold Palm Real Estate Co.
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #320015
Disclaimer: Property information provided by the RAFGC MLS a service of the REALTOR Association of Franklin & Gulf Counties. IDX information is provided exclusively for consumers personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.