116 E Manson RdHastingsFL32145
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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
Investment property for sale in Hastings at 116 E Manson Rd, Hastings, FL, 32145 offers a 16.28% rental yield on a $229,999 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $1,126/mo payment leaves $1,593/mo available for distribution. Annual cash flow reaches $19,121/yr on $76,245 to close, and return on cash invested stands at 44.99% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,544 over five years. Portfolio math shows five-year ROI at 237.93% and total cumulative return in cash at $181,410. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32145, Hastings, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 2,077 (77.1%) |
| Renter Occupied HU | 352 (13.1%) |
| Vacant Housing Units | 264 ( 9.8%) |
| Median Home Value | $216,616 |
| Average Home Value | $310,785 |
Housing Distribution
Address Breakdown
Residential
2,347
Single Family
2,347
Multi-Family
0
Businesses
110
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Listed by: Bradford Henry • Colour Homes Realty
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #245103
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. Information is deemed reliable but not guaranteed. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.