141 CASTLEGATE LaneSaint JohnsFL32259
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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 Saint Johns at 141 CASTLEGATE Lane, Saint Johns, FL, 32259 uses $160,778 cash to close to unlock $10,899/yr annual cash flow and $908/mo monthly cash flow. Total monthly income runs $4,127/mo, and a $2,374/mo payment keeps the spread at $908/mo. Purchase price stands at $485,000, and rental yield measures 10.21% with $4,127/mo rent. Return on cash invested shows 26.69% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 139.8% and total cumulative return in cash records $224,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,127/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32259, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,430 (100%) |
| Owner Occupied HU | 22,707 (82.8%) |
| Renter Occupied HU | 3,208 (11.7%) |
| Vacant Housing Units | 1,515 ( 5.5%) |
| Median Home Value | $601,330 |
| Average Home Value | $676,148 |
Housing Distribution
Address Breakdown
Residential
25,528
Single Family
23,180
Multi-Family
2,348
Businesses
680
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Listed by: Stephanie Olsen • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2099928