108 Needle Rush DrPt Saint JoeFL32456
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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 Pt Saint Joe at 108 Needle Rush Dr, Pt Saint Joe, FL, 32456 offers $5,670/mo rent that, after a $2,221/mo payment, leaves $2,495/mo cash flow. Total monthly income is $5,670/mo, and annual cash flow is $29,942/yr on $150,460 cash. Return on cash invested measures 39.81% in year one, and rental yield stands at 14.99% at a $453,875 entry. Equity gained on principal adds $2,929/yr while 5% annual appreciation compounds into $125,397 by year five. Five-year ROI records 210.63% and total cumulative return in cash reaches $316,906. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,670/mo property income versus a $2,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$490 quarterly 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: Jeff M Swayze • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #766033
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.