187 Marsh View Ridge LnPort Saint JoeFL32456
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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 187 Marsh View Ridge Ln, Port Saint Joe, FL, 32456 generates $5,776/mo in rent and, after a $3,352/mo payment, leaves $1,231/mo in cash flow. Total monthly income is $5,776/mo, and annual cash flow is $14,774/yr on $225,332 invested. Return on cash invested sits at 26.62% in year one, and rental yield is 10.12% on a $684,900 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,225 over five years. Five-year ROI reaches 139.38% and total cumulative return in cash sums $314,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,776/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.60 Acres 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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Listed by: Mark A Miles • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls ID: #754491