1655 THE GREENS Way #2615Jacksonville 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 #2615, Jacksonville Beach, FL, 32250 uses $79,560 cash to close to unlock $3,396/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $2,413/mo, and a $1,175/mo payment keeps the spread at $283/mo. Purchase price stands at $240,000, and rental yield measures 12.06% with $2,413/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 129.23% and total cumulative return in cash records $102,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,413/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1995
1,306 sqft lot
$N/A/sqft
$392 monthly 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: MATTHEW MCCORD • EXP REALTY LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2099592
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.