102 Saint Johns Blvd EEast PalatkaFL32131
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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 East Palatka at 102 Saint Johns Blvd E, East Palatka, FL, 32131 generates $2,335/mo in rent, after a $2,442/mo payment. Total monthly income is $2,335/mo. Return on cash invested sits at 12.83% in year one, and rental yield is 5.62% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 65.44% and total cumulative return in cash sums $108,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,335/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32131, East Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,148 (100%) |
| Owner Occupied HU | 1,598 (74.4%) |
| Renter Occupied HU | 294 (13.7%) |
| Vacant Housing Units | 256 (11.9%) |
| Median Home Value | $345,878 |
| Average Home Value | $457,164 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,764
Multi-Family
57
Businesses
148
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Listed by: Gloria Worley • Century 21 St Augustine Properties
Mls Name: St Augustine St Johns County BOR
Mls ID: #260225