216 Vermilion CirPort 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 216 Vermilion Cir, Port Saint Joe, FL, 32456 offers $6,647/mo rent that, after a $2,446/mo payment, leaves $3,331/mo cash flow. Total monthly income is $6,647/mo, and annual cash flow is $39,967/yr on $165,665 cash. Return on cash invested measures 44.03% in year one, and rental yield stands at 15.96% at a $499,745 entry. Equity gained on principal adds $3,225/yr while 5% annual appreciation compounds into $138,070 by year five. Five-year ROI records 232.81% and total cumulative return in cash reaches $385,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,647/mo property income versus a $2,446/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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: Windmark Beach Sales Information • D.R. Horton - Panama City East
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A