164 THORNLOE 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
Rental property for sale in Saint Johns at 164 THORNLOE Drive, Saint Johns, FL, 32259 priced at $459,900 converts $3,694/mo rent into $642/mo cash flow after a $2,251/mo obligation. Total monthly income equals $3,694/mo, and annual cash flow totals $7,704/yr on $152,457 invested. Return on cash invested prints 24.96% in year one, and rental yield reads 9.64% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 130.55% and total cumulative return in cash sums $199,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,694/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 2009
6,534 sqft 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: ROCHELE MINERD • MAINSTAY BROKERAGE LLC
Mls Name: realMLS
Mls ID: #2119999