381 Vermilion CirPt 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 381 Vermilion Cir, Pt Saint Joe, FL, 32456 priced at $468,535 converts $5,670/mo rent into $2,398/mo cash flow after a $2,293/mo obligation. Total monthly income equals $5,670/mo, and annual cash flow totals $28,772/yr on $155,319 invested. Return on cash invested prints 38.43% in year one, and rental yield reads 14.52% against a $468,535 entry. Equity gained on principal adds $3,023/yr, while 5% annual appreciation compiles into $129,448 by year five. Five-year ROI reaches 203.21% and total cumulative return in cash sums $315,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,670/mo property income covering a $2,293/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$490 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: #765770
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.