1810 SEVILLA Boulevard #202Atlantic 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 1810 SEVILLA Boulevard #202, Atlantic Beach, FL, 32233 offers a 8.89% rental yield on a $414,900 purchase with $3,074/mo rent. Total monthly income registers $3,074/mo, and a $2,031/mo payment leaves $320/mo available for distribution. Annual cash flow reaches $3,845/yr on $137,539 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $2,677/yr while 5% annual appreciation supports $114,629 over five years. Portfolio math shows five-year ROI at 118.43% and total cumulative return in cash at $162,890. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,074/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
1,306 sqft 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: MICHAEL THOMAS • PASSPORT REALTY, LLC.
Mls Name: realMLS
Mls ID: #2097790