1610 Long AvePort Saint JoeFL32456
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 Port Saint Joe at 1610 Long Ave, Port Saint Joe, FL, 32456 priced at $320,000 pairs $2,880/mo rent with $757/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,880/mo, and annual cash flow comes to $9,080/yr on $106,080 invested. Return on cash invested is 28.47% in year one, and rental yield stands at 10.8% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 149.34% and total cumulative return in cash reaches $158,415. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronald Pickett • Cape San Blas Realty, Inc.
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324523