373 Salt Creek LnPt 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
Rental property for sale in Pt Saint Joe at 373 Salt Creek Ln, Pt Saint Joe, FL, 32456 priced at $379,900 pairs $3,406/mo rent with $805/mo cash flow after a $1,859/mo payment. Total monthly income equals $3,406/mo, and annual cash flow comes to $9,656/yr on $125,937 invested. Return on cash invested is 27.58% in year one, and rental yield stands at 10.76% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 144.82% and total cumulative return in cash reaches $182,381. For financing, Ziffy Mortgage’s DSCR program evaluates $3,406/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
2,225 sqft lot
$N/A/sqft
$242 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: Jeff M Swayze • DR Horton Realty of Emerald Coast, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #753697
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.