246 Dockside DrPt 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 Pt Saint Joe at 246 Dockside Dr, Pt Saint Joe, FL, 32456 with 5% annual appreciation on a $1,199,000 basis while $3,300/mo rent supports operations. 98% in year one. Equity gained on principal adds $7,737/yr, and five-year appreciation sums $331,262 alongside rental yield of 3.3%. Five-year ROI measures 28.67% and total cumulative return in cash totals $111,369. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,300/mo property income versus a $5,869/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
1,306 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: Grant Rish • Rish Real Estate Group
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324922