424 BAY POINT Way NSaint 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
Investment property for sale in Saint Johns at 424 BAY POINT Way N, Saint Johns, FL, 32259 with 5% annual appreciation on a $360,000 basis while $2,933/mo rent supports operations. Total monthly income totals $2,933/mo and a $1,762/mo payment preserves $435/mo for cash returns. Annual cash flow comes to $5,214/yr on $119,340 deployed, and return on cash invested reaches 24.28% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 9.78%. Five-year ROI measures 127.28% and total cumulative return in cash totals $151,893.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,933/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
0.42 Acres lot
$N/A/sqft
$338 annually 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: Clelia Ellis • NUVIEW REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2091887
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.