185 Pluto WayPort Saint JoeFL32456
Nearby investment properties with comparable rents
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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
Rental property for sale in Port Saint Joe at 185 Pluto Way, Port Saint Joe, FL, 32456 offers $2,796/mo rent that, after a $3,690/mo payment. Total monthly income is $2,796/mo. Return on cash invested measures 9.24% in year one, and rental yield stands at 4.45% at a $753,900 entry. Equity gained on principal adds $4,865/yr while 5% annual appreciation compounds into $208,289 by year five. Five-year ROI records 46.24% and total cumulative return in cash reaches $114,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,796/mo property income versus a $3,690/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
$350 annually 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: Julia Cunningham • Coastal Realty Group-CSB South
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #317060
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.