The Carrabelle Plan, Redfish Cove at Cape San Blas,Port Saint Joe,FL,32456

Investment Highlights

Investment property for sale in Port Saint Joe at The Carrabelle Plan, Redfish Cove at Cape San Blas, Port Saint Joe, FL, 32456 offers a 9.29% rental yield on a $599,900 purchase with $4,643/mo rent. Total monthly income registers $4,643/mo, and a $2,936/mo payment leaves $662/mo available for distribution. Annual cash flow reaches $7,946/yr on $197,367 to close, and return on cash invested stands at 24.09% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 125.82% and total cumulative return in cash at $248,332. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,643/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.