204 Sea Pines 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
Investment property for sale in Port Saint Joe at 204 Sea Pines Ln, Port Saint Joe, FL, 32456 offers a 9.52% rental yield on a $325,000 purchase with $2,579/mo rent. Total monthly income registers $2,579/mo, and a $1,591/mo payment leaves $312/mo available for distribution. Annual cash flow reaches $3,738/yr on $107,738 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 122.49% and total cumulative return in cash at $131,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,579/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
8,363 sqft lot
$N/A/sqft
$360 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: Lance Bockelman • Anchor Realty Florida
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #322312
Disclaimer: Property information provided by the FCRA MLS a service of the Forgotten Coast REALTOR Association. 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.