2123 OLEANDER PlaceNeptune BeachFL32266
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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 Neptune Beach at 2123 OLEANDER Place, Neptune Beach, FL, 32266 listed at $497,500 pairs $3,000/mo rent with a $2,435/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 17.43% in year one, and rental yield registers 7.24% at a $497,500 basis. Equity gained on principal adds $3,210/yr, and annual property appreciation at 5% supports $137,450 by year five. Five-year ROI tracks 90.26% and total cumulative return in cash totals $148,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,435/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1985
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32266, Neptune Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 2,199 (63.5%) |
| Renter Occupied HU | 1,004 (29.0%) |
| Vacant Housing Units | 258 ( 7.5%) |
| Median Home Value | $594,897 |
| Average Home Value | $678,059 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,994
Multi-Family
308
Businesses
254
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Listed by: STEVEN KOLENO • BEYCOME OF FLORIDA LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2059175
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.