3300 Highway 98 UNIT 109Mexico BeachFL32456
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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 Mexico Beach at 3300 Highway 98 UNIT 109, Mexico Beach, FL, 32456 earns from $1,810/mo rent with a $1,708/mo payment. Total monthly income totals $1,810/mo. ROI tracks 4.98% on current figures, and rental yield reads 6.22% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 26.88% and total cumulative return in cash sums $31,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,810/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$2,212 quarterly 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: Carol E Erwin • Forgotten Coast Realty of NW Florida LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #769256
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.