231 MEADOW CREEK DriveSaint 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 231 MEADOW CREEK Drive, Saint Johns, FL, 32259 priced at $389,000 pairs $3,038/mo rent with $456/mo cash flow after a $1,904/mo payment. Total monthly income equals $3,038/mo, and annual cash flow comes to $5,478/yr on $128,954 invested. Return on cash invested is 24.16% in year one, and rental yield stands at 9.37% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 126.21% and total cumulative return in cash reaches $162,750. For financing, Ziffy Mortgage’s DSCR program evaluates $3,038/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
4,791 sqft 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: WENDY HELMS • RE/MAX SPECIALISTS
Mls Name: realMLS
Mls ID: #2111276