300 BAY StreetNeptune BeachFL32266
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 300 BAY Street, Neptune Beach, FL, 32266 in Neptune Beach. Rental yield 3.74%. At $1,250,000 with 3.74% gross yield, current distributions are modest, but the 5% appreciation rate projects $345,352 in new equity by year five, complemented by $11,513/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.69) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $193,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 5.0% |
| Monthly Cash Flow | $(4,395) | $700 |
City averages based on Neptune Beach market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,900 |
| Total Monthly Debt Service | $7,798 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1938
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32266, Neptune Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 2,199 (63.5%) |
| Renter Occupied HU | 1,004 (29.0%) |
| Vacant Housing Units | 258 ( 7.5%) |
| Median Home Value | $594,897 |
| Average Home Value | $678,059 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,994
Multi-Family
308
Businesses
254
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
Multi Family
Built in 1938
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32266, Neptune Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 2,199 (63.5%) |
| Renter Occupied HU | 1,004 (29.0%) |
| Vacant Housing Units | 258 ( 7.5%) |
| Median Home Value | $594,897 |
| Average Home Value | $678,059 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,994
Multi-Family
308
Businesses
254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Linn Jr • ERA ONETEAM REALTY
Mls Name: realMLS
Mls ID: #2083884