221 COLIMA Court #1035Ponte Vedra BeachFL32082
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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 Ponte Vedra Beach at 221 COLIMA Court #1035, Ponte Vedra Beach, FL, 32082 uses $62,985 cash to close to unlock $2,137/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,439/mo, and a $930/mo payment keeps the spread at $178/mo. Purchase price stands at $190,000, and rental yield measures 9.09% with $1,439/mo rent. Return on cash invested shows 23.3% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 121.67% and total cumulative return in cash records $76,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,439/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32082, Ponte Vedra Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,721 (100%) |
| Owner Occupied HU | 11,389 (72.4%) |
| Renter Occupied HU | 2,720 (17.3%) |
| Vacant Housing Units | 1,612 (10.3%) |
| Median Home Value | $792,695 |
| Average Home Value | $967,818 |
Housing Distribution
Address Breakdown
Residential
14,755
Single Family
11,812
Multi-Family
2,943
Businesses
836
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Listed by: KATHLEEN JORDAN • NAVY TO NAVY HOMES LLC
Mls Name: realMLS
Mls ID: #2109429