432 Highway 98ApalachicolaFL32320
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
Investment property for sale in Apalachicola at 432 Highway 98, Apalachicola, FL, 32320 earns from $2,760/mo rent with a $9,055/mo payment. Total monthly income totals $2,760/mo. ROI tracks 1.32% on current figures, and rental yield reads 1.79% at a $1,850,000 purchase. Equity gained on principal adds $11,938/yr, and 5% annual appreciation supports $511,121 over five years. Five-year ROI reaches 3.64% and total cumulative return in cash sums $21,817. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Single Family
Built in 1976
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32320, Apalachicola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,109 (100%) |
| Owner Occupied HU | 1,298 (61.5%) |
| Renter Occupied HU | 432 (20.5%) |
| Vacant Housing Units | 379 (18.0%) |
| Median Home Value | $321,831 |
| Average Home Value | $360,963 |
Housing Distribution
Address Breakdown
Residential
1,618
Single Family
1,616
Multi-Family
2
Businesses
162
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Nearby investment properties with comparable prices
Listed by: Cameron White • Naumann Group Real Estate, Inc. - SGI
Mls Name: Forgotten Coast Realtor Association
Mls ID: #325099