2233 SEMINOLE Road UNIT 9Atlantic BeachFL32233
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2233 SEMINOLE Road UNIT 9, Atlantic Beach, FL, 32233 in Atlantic Beach carries a 1.73 coverage ratio, rent of $6,228/mo is 1.73 times the $3,593/mo payment. Rental yield 9.35%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $799,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $220,749; total projected cumulative return: $304,227.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $(72) | $1,500 |
City averages based on Atlantic Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,228 |
| Total Monthly Debt Service | $5,982 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
1,742 sqft lot
$N/A/sqft
$998 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
1,742 sqft lot
$N/A/sqft
$998 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHYLO KLINE • KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Mls Name: realMLS
Mls Provider:
Mls ID: #2079246
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.