1656 PARK Terrace WAtlantic BeachFL32233
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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 Atlantic Beach at 1656 PARK Terrace W, Atlantic Beach, FL, 32233 listed at $1,575,000 pairs $6,467/mo rent with a $7,709/mo payment. Total monthly income runs $6,467/mo. Return on cash invested measures 11% in year one, and rental yield registers 4.93% at a $1,575,000 basis. Equity gained on principal adds $10,163/yr, and annual property appreciation at 5% supports $435,143 by year five. Five-year ROI tracks 55.56% and total cumulative return in cash totals $283,514. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,467/mo property income relative to a $7,709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32233, Atlantic Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,880 (100%) |
| Owner Occupied HU | 6,374 (53.7%) |
| Renter Occupied HU | 4,680 (39.4%) |
| Vacant Housing Units | 826 ( 7.0%) |
| Median Home Value | $455,507 |
| Average Home Value | $606,977 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,212
Multi-Family
2,590
Businesses
736
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Listed by: JAN SHIELDS • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2127153