1106 2ND StreetNeptune BeachFL32266
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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
Total monthly income runs $4,086/mo, and a $4,302/mo payment. Purchase price stands at $879,000, and rental yield measures 5.58% with $4,086/mo rent. Return on cash invested shows 12.81% in year one, and 5% annual appreciation builds toward $242,851 over five years. Five-year ROI reaches 65.35% and total cumulative return in cash records $188,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,086/mo property income covering a $4,302/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
3,049 sqft lot
$N/A/sqft
No 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
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Listed by: BRETT NISSEN • MOMENTUM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2066443
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.