290 Spruce Hill PointSaint 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 290 Spruce Hill Point, Saint Johns, FL, 32259 generates $3,000/mo in rent, after a $2,323/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 18.77% in year one, and rental yield is 7.59% on a $474,541 entry. Equity gained on principal adds $3,062/yr, while 5% annual appreciation builds toward $131,107 over five years. Five-year ROI reaches 97.33% and total cumulative return in cash sums $153,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
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: US - Jacksonville - RiverTown - 904-372-1153 • Mattamy Homes
Mls Name: Mattamy Homes
Mls ID: #N/A