172 Aruba Dr UNIT 2L-2Port 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
Investment property for sale in Port Saint Joe at 172 Aruba Dr UNIT 2L-2, Port Saint Joe, FL, 32456 listed at $866,800 pairs $4,188/mo rent with a $4,243/mo payment. Total monthly income runs $4,188/mo. Return on cash invested measures 13.29% in year one, and rental yield registers 5.8% at a $866,800 basis. Equity gained on principal adds $5,593/yr, and annual property appreciation at 5% supports $239,481 by year five. Five-year ROI tracks 67.96% and total cumulative return in cash totals $193,816. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,188/mo property income relative to a $4,243/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
4,704 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
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