106 SAND CASTLE WayNeptune BeachFL32266
INVESTMENT ANALYSIS
Investment Verdict
Solid Income106 SAND CASTLE Way, Neptune Beach, FL, 32266 in Neptune Beach carries a 1.53 coverage ratio, rent of $2,987/mo is 1.53 times the $1,954/mo payment. Rental yield 8.25%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $434,500 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $120,044; total projected cumulative return: $157,846.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.0% |
| Monthly Cash Flow | $(137) | $700 |
City averages based on Neptune Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,987 |
| Total Monthly Debt Service | $2,951 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
$89 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32266, Neptune Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 2,199 (63.5%) |
| Renter Occupied HU | 1,004 (29.0%) |
| Vacant Housing Units | 258 ( 7.5%) |
| Median Home Value | $594,897 |
| Average Home Value | $678,059 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,994
Multi-Family
308
Businesses
254
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
Townhouse
Built in 1990
N/A lot
$N/A/sqft
$89 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32266, Neptune Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 2,199 (63.5%) |
| Renter Occupied HU | 1,004 (29.0%) |
| Vacant Housing Units | 258 ( 7.5%) |
| Median Home Value | $594,897 |
| Average Home Value | $678,059 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,994
Multi-Family
308
Businesses
254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KRISTY T DRUM • PONTE VEDRA CLUB REALTY, INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2084079
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.