368 Salt Creek LnMexico BeachFL32410
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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
Rental property for sale in Mexico Beach at 368 Salt Creek Ln, Mexico Beach, FL, 32410 generates $4,394/mo in rent and, after a $1,478/mo payment, leaves $2,390/mo in cash flow. Total monthly income is $4,394/mo, and annual cash flow is $28,682/yr on $100,088 invested. Return on cash invested sits at 48.57% in year one, and rental yield is 17.46% on a $301,925 entry. Equity gained on principal adds $1,948/yr, while 5% annual appreciation builds toward $83,416 over five years. Five-year ROI reaches 257.14% and total cumulative return in cash sums $257,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,394/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32410, Mexico Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
2
Single Family
1
Multi-Family
0
Businesses
2
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Listed by: Salt Creek Townhomes Sales Information • D.R. Horton - Panama City East
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A