146 Bay AveApalachicolaFL32320
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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 Apalachicola at 146 Bay Ave, Apalachicola, FL, 32320 offers a 3.47% rental yield on a $1,259,200 purchase with $3,640/mo rent. 13% in year one. Equity gained on principal adds $8,125/yr while 5% annual appreciation supports $347,894 over five years. Portfolio math shows five-year ROI at 29.59% and total cumulative return in cash at $120,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,640/mo property income against a $6,163/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.69 Acres lot
$N/A/sqft
$90 monthly 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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