48 13th StApalachicolaFL32320
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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 Apalachicola at 48 13th St, Apalachicola, FL, 32320 priced at $378,113 converts $2,220/mo rent into after a $1,851/mo obligation. Total monthly income equals $2,220/mo. Return on cash invested prints 16.28% in year one, and rental yield reads 7.05% against a $378,113 entry. Equity gained on principal adds $2,440/yr, while 5% annual appreciation compiles into $104,466 by year five. Five-year ROI reaches 84.27% and total cumulative return in cash sums $105,632. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,851/mo payment, not borrower’s personal income.
Single Family
Built in 1910
10,350 sqft lot
$N/A/sqft
$90 monthly 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
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