218 LARKIN Place UNIT 106Saint JohnsFL32259
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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
Rental property for sale in Saint Johns at 218 LARKIN Place UNIT 106, Saint Johns, FL, 32259 generates $2,227/mo in rent and, after a $1,366/mo payment, leaves $5/mo in cash flow. Total monthly income is $2,227/mo, and annual cash flow is $61/yr on $92,489 invested. Return on cash invested sits at 19.97% in year one, and rental yield is 9.58% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 105.58% and total cumulative return in cash sums $97,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,227/mo property income rather than buyer’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32259, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,430 (100%) |
| Owner Occupied HU | 22,707 (82.8%) |
| Renter Occupied HU | 3,208 (11.7%) |
| Vacant Housing Units | 1,515 ( 5.5%) |
| Median Home Value | $601,330 |
| Average Home Value | $676,148 |
Housing Distribution
Address Breakdown
Residential
25,528
Single Family
23,180
Multi-Family
2,348
Businesses
680
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Listed by: ALLISON FERNANDEZ • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2073540
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.