1120 15th St #1-AMexico BeachFL32456
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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 Mexico Beach at 1120 15th St #1-A, Mexico Beach, FL, 32456 offers a 10.67% rental yield on a $275,000 purchase with $2,446/mo rent. Total monthly income registers $2,446/mo, and a $1,346/mo payment leaves $621/mo available for distribution. Annual cash flow reaches $7,452/yr on $91,163 to close, and return on cash invested stands at 28.08% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 147.32% and total cumulative return in cash at $134,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,446/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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