1655 THE GREENS Way #2524Jacksonville BeachFL32250
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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 Jacksonville Beach at 1655 THE GREENS Way #2524, Jacksonville Beach, FL, 32250 uses $82,544 cash to close to unlock $856/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $1,724/mo, and a $1,219/mo payment keeps the spread at $71/mo. Purchase price stands at $249,000, and rental yield measures 8.31% with $1,724/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 109.01% and total cumulative return in cash records $89,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,724/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1995
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
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Listed by: RANDY THOMAS MCKNIGHT • MARK SPAIN REAL ESTATE
Mls Name: realMLS
Mls ID: #2104164