215 10th StPort 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 215 10th St, Port Saint Joe, FL, 32456 priced at $189,000 converts $1,866/mo rent into $612/mo cash flow after a $925/mo obligation. Total monthly income equals $1,866/mo, and annual cash flow totals $7,342/yr on $62,654 invested. Return on cash invested prints 31.63% in year one, and rental yield reads 11.85% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 166.26% and total cumulative return in cash sums $104,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,866/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1945
8,712 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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Listed by: Nicole Majors • EXP Realty LLC
Mls Name: CPAR
Mls ID: #772415