32 Ward StSaint MarksFL32355
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 32 Ward St, Saint Marks, FL, 32355 in Saint Marks offers a clean, manageable entry. Rental yield 6.97%. DSCR 1.29 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $82,857 in additional property value over five years, with $2,762/yr in principal equity building ownership stake. Total projected cumulative return: $98,371.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 7.0% |
| Monthly Cash Flow | $(247) | $500 |
City averages based on Saint Marks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,743 |
| Total Monthly Debt Service | $1,871 |
| DSCR Ratio | 0.93x |
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.
Manufactured
Built in 1994
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32355, Saint Marks, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 163 (100%) |
| Owner Occupied HU | 118 (72.4%) |
| Renter Occupied HU | 12 ( 7.4%) |
| Vacant Housing Units | 33 (20.2%) |
| Median Home Value | $336,000 |
| Average Home Value | $350,932 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
29
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
Manufactured
Built in 1994
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32355, Saint Marks, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 163 (100%) |
| Owner Occupied HU | 118 (72.4%) |
| Renter Occupied HU | 12 ( 7.4%) |
| Vacant Housing Units | 33 (20.2%) |
| Median Home Value | $336,000 |
| Average Home Value | $350,932 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shadrach Hines • Bluewater Realty Group
Mls Name: TBR
Mls ID: #394913