229 MERCHANT AvenueSaint 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
Investment property for sale in Saint Johns at 229 MERCHANT Avenue, Saint Johns, FL, 32259 with 5% annual appreciation on a $660,859 basis while $3,860/mo rent supports operations. 16% in year one. Equity gained on principal adds $4,264/yr, and five-year appreciation sums $182,583 alongside rental yield of 7.01%. Five-year ROI measures 88.63% and total cumulative return in cash totals $192,711. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,860/mo property income versus a $3,235/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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: MATTHEW BERKIS • MATTAMY REAL ESTATE SERVICES
Mls Name: realMLS
Mls ID: #2118179