1601 FOREST AvenueNeptune 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
Rental property for sale in Neptune Beach at 1601 FOREST Avenue, Neptune Beach, FL, 32266 priced at $859,000 pairs $6,874/mo rent with $884/mo cash flow after a $4,204/mo payment. Total monthly income equals $6,874/mo, and annual cash flow comes to $10,608/yr on $282,611 invested. Return on cash invested is 23.81% in year one, and rental yield stands at 9.6% on a $859,000 basis. Equity gained on principal adds $5,543/yr, and 5% annual appreciation accumulates to $237,326 by year five. Five-year ROI measures 124.78% and total cumulative return in cash reaches $352,635. For financing, Ziffy Mortgage’s DSCR program evaluates $6,874/mo property income against a $4,204/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.43 Acres 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: MARGI PETITT • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls Provider:
Mls ID: #2062271
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.