The Destin Plan, Pine Creek and Heron WalkPort 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
Rental property for sale in Port Saint Joe at The Destin Plan, Pine Creek and Heron Walk, Port Saint Joe, FL, 32456 priced at $464,900 converts $3,990/mo rent into $905/mo cash flow after a $2,275/mo obligation. Total monthly income equals $3,990/mo, and annual cash flow totals $10,864/yr on $154,114 invested. Return on cash invested prints 26.96% in year one, and rental yield reads 10.3% against a $464,900 entry. Equity gained on principal adds $3,000/yr, while 5% annual appreciation compiles into $128,443 by year five. Five-year ROI reaches 141.25% and total cumulative return in cash sums $217,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,990/mo property income covering a $2,275/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: Pine Creek Sales Informtion • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A