272 Prado St #B-1ApalachicolaFL32320
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 272 Prado St #B-1, Apalachicola, FL, 32320 in Apalachicola hard to pass up. The 20.53% gross yield on a $284,900 purchase results in $4,874/mo in rent and $2,857/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.80). Annual cash flow of $34,288, five-year appreciation of $78,713, and $2,624/yr in equity build-up combine for a projected total cumulative return of $293,018.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.5% | 9.0% |
| Monthly Cash Flow | $2,857 | $1,500 |
City averages based on Apalachicola market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,874 |
| Total Monthly Debt Service | $1,904 |
| DSCR Ratio | 2.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2023
2,613 sqft lot
$N/A/sqft
$1,517 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32320, Apalachicola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,109 (100%) |
| Owner Occupied HU | 1,298 (61.5%) |
| Renter Occupied HU | 432 (20.5%) |
| Vacant Housing Units | 379 (18.0%) |
| Median Home Value | $321,831 |
| Average Home Value | $360,963 |
Housing Distribution
Address Breakdown
Residential
1,618
Single Family
1,616
Multi-Family
2
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2023
2,613 sqft lot
$N/A/sqft
$1,517 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32320, Apalachicola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,109 (100%) |
| Owner Occupied HU | 1,298 (61.5%) |
| Renter Occupied HU | 432 (20.5%) |
| Vacant Housing Units | 379 (18.0%) |
| Median Home Value | $321,831 |
| Average Home Value | $360,963 |
Housing Distribution
Address Breakdown
Residential
1,618
Single Family
1,616
Multi-Family
2
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices