249 Lucia AvePt 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 249 Lucia Ave, Pt Saint Joe, FL, 32456 uses $132,269 cash to close to unlock $2,785/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,953/mo payment keeps the spread at $232/mo. Purchase price stands at $399,000, and rental yield measures 8.66% with $2,880/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 114.75% and total cumulative return in cash records $151,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.28 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: Cassie Studstill • Studstill Realty Group, LLC
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324555