13 Adams StApalachicolaFL32320
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
Rental property for sale in Apalachicola at 13 Adams St, Apalachicola, FL, 32320 offers $2,220/mo rent that, after a $1,924/mo payment. Total monthly income is $2,220/mo. Return on cash invested measures 16.33% in year one, and rental yield stands at 6.78% at a $393,000 entry. Equity gained on principal adds $2,536/yr while 5% annual appreciation compounds into $108,579 by year five. Five-year ROI records 84.25% and total cumulative return in cash reaches $109,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $1,924/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.34 Acres 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: Cameron White • Century 21 Collins Realty, Inc
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #321580
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.