621 Maddox StPort 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
Investment property for sale in Port Saint Joe at 621 Maddox St, Port Saint Joe, FL, 32456 offers a 8.05% rental yield on a $249,000 purchase with $1,670/mo rent. Total monthly income registers $1,670/mo, and a $1,219/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $208/yr on $82,544 to close, and return on cash invested stands at 20.16% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 104.81% and total cumulative return in cash at $86,516. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,670/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
5,227 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
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Listed by: Eliseo Duarte • Coastal Realty Group-CSB South
Mls Name: Forgotten Coast Realtor Association
Mls ID: #325081