244 PALM ISLAND WayPonte VedraFL32081
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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 Ponte Vedra at 244 PALM ISLAND Way, Ponte Vedra, FL, 32081 generates $4,595/mo in rent, after a $3,549/mo payment. Total monthly income is $4,595/mo. Return on cash invested sits at 18.97% in year one, and rental yield is 7.61% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 98.38% and total cumulative return in cash sums $234,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,595/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
8,276 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: CHRISTINA McINTOSH • CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
Mls Name: realMLS
Mls ID: #2104490