347 ORCHARD PASS AvenuePonte VedraFL32081
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 347 ORCHARD PASS Avenue, Ponte Vedra, FL, 32081 in Ponte Vedra earns a 10.33% gross yield at $422,950. Rent of $3,640/mo nets $238/mo after the $1,902/mo mortgage. The 1.91 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $116,853 and $3,895/yr in equity accumulation project a total cumulative return of $214,834.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $238 | $300 |
City averages based on Ponte Vedra market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,640 |
| Total Monthly Debt Service | $2,638 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GWINN VOLEN • KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Mls Name: realMLS
Mls ID: #2129978