344 Tide Water DrPt Saint JoeFL32456
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
Investment Highlights
Rental property for sale in Pt Saint Joe at 344 Tide Water Dr, Pt Saint Joe, FL, 32456 generates $5,670/mo in rent and, after a $3,084/mo payment, leaves $1,489/mo in cash flow. Total monthly income is $5,670/mo, and annual cash flow is $17,865/yr on $207,270 invested. Return on cash invested sits at 28.68% in year one, and rental yield is 10.8% on a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 150.42% and total cumulative return in cash sums $311,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,670/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheila E Holmes • Real Broker LLC
Mls Name: CPAR
Mls ID: #783956