287 Myrtle Dr UNIT 5Port 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 Port Saint Joe at 287 Myrtle Dr UNIT 5, Port Saint Joe, FL, 32456 listed at $831,900 pairs $3,217/mo rent with a $4,072/mo payment. Total monthly income runs $3,217/mo. Return on cash invested measures 8.44% in year one, and rental yield registers 4.64% at a $831,900 basis. Equity gained on principal adds $5,368/yr, and annual property appreciation at 5% supports $229,839 by year five. Five-year ROI tracks 42.43% and total cumulative return in cash totals $116,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,217/mo property income relative to a $4,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
871 sqft lot
$N/A/sqft
$309 monthly 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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