320 Shell Island RdSaint MarksFL32355
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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 Marks at 320 Shell Island Rd, Saint Marks, FL, 32355 priced at $950,000 pairs $2,272/mo rent with after a $4,650/mo payment. Total monthly income equals $2,272/mo. Return on cash invested is 4.58% in year one, and rental yield stands at 2.87% on a $950,000 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 21.19% and total cumulative return in cash reaches $66,230. For financing, Ziffy Mortgage’s DSCR program evaluates $2,272/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
6.35 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
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Listed by: Lynn S Cole • Coastwise Realty
Mls Name: TBR
Mls Provider:
Mls ID: #383391
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