1474 LAKEWOOD DriveSaint 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 1474 LAKEWOOD Drive, Saint Johns, FL, 32259 listed at $519,900 pairs $3,607/mo rent with a $2,545/mo payment to leave $157/mo cash flow. Total monthly income runs $3,607/mo, and annual cash flow reaches $1,878/yr on $171,047 cash to close. Return on cash invested measures 21.16% in year one, and rental yield registers 8.33% at a $519,900 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,639 by year five. Five-year ROI tracks 110.11% and total cumulative return in cash totals $188,332. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,607/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.49 Acres 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: SUZAN ROGALSKI • RE/MAX SPECIALISTS
Mls Name: realMLS
Mls ID: #2123869