481 Salt Creek LnPt Saint JoeFL32456
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 Pt Saint Joe at 481 Salt Creek Ln, Pt Saint Joe, FL, 32456 offers a 8.07% rental yield on a $386,990 purchase with $2,603/mo rent. Total monthly income registers $2,603/mo, and a $1,894/mo payment leaves $35/mo available for distribution. Annual cash flow reaches $420/yr on $128,287 to close, and return on cash invested stands at 20.24% in year one. Equity gained on principal adds $2,497/yr while 5% annual appreciation supports $106,918 over five years. Portfolio math shows five-year ROI at 105.17% and total cumulative return in cash at $134,915. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,603/mo property income against a $1,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trish Lohela • Holiday Builders of the Gulf Coast
Mls Name: CPAR
Mls ID: #780851