418 California DrMexico 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 418 California Dr, Mexico Beach, FL, 32456 with 5% annual appreciation on a $634,000 basis while $3,904/mo rent supports operations. 32% in year one. Equity gained on principal adds $4,091/yr, and five-year appreciation sums $175,163 alongside rental yield of 7.39%. Five-year ROI measures 94.85% and total cumulative return in cash totals $197,850. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,904/mo property income versus a $3,103/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
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
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Listed by: Zach Childs • 98 Real Estate Group, LLC
Mls Name: CPAR
Mls ID: #774683