113 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
Investment property for sale in Pt Saint Joe at 113 Needle Rush Dr, Pt Saint Joe, FL, 32456 uses $155,319 cash to close to unlock $28,772/yr annual cash flow and $2,398/mo monthly cash flow. Total monthly income runs $5,670/mo, and a $2,293/mo payment keeps the spread at $2,398/mo. Purchase price stands at $468,535, and rental yield measures 14.52% with $5,670/mo rent. Return on cash invested shows 38.43% in year one, and 5% annual appreciation builds toward $129,448 over five years. Five-year ROI reaches 203.21% and total cumulative return in cash records $315,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,670/mo property income covering a $2,293/mo payment rather than investor’s personal income.
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: #765767
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.