108 Monica DrPort Saint JoeFL32456
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 Port Saint Joe at 108 Monica Dr, Port Saint Joe, FL, 32456 at $589,000 posts ROI 29.34% with $1,498/mo cash flow from $5,407/mo rent. Total monthly income equals $5,407/mo, and annual cash flow records $17,978/yr on $193,781 to close. Return on cash invested measures 29.34% and rental yield reads 11.02% at the current $589,000. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 by year five. Five-year ROI prints 153.98% and total cumulative return in cash totals $298,382.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,407/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32456, Port Saint Joe, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,898 (100%) |
| Owner Occupied HU | 3,107 (45.0%) |
| Renter Occupied HU | 755 (10.9%) |
| Vacant Housing Units | 3,036 (44.0%) |
| Median Home Value | $381,495 |
| Average Home Value | $519,804 |
Housing Distribution
Address Breakdown
Residential
4,651
Single Family
4,470
Multi-Family
181
Businesses
390
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Listed by: Justin Cothran • Compass & Key, LLC
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324846