48 FISHERMANS COVE RoadPonte Vedra BeachFL32082
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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 Ponte Vedra Beach at 48 FISHERMANS COVE Road, Ponte Vedra Beach, FL, 32082 priced at $649,000 pairs $3,779/mo rent with after a $3,177/mo payment. Total monthly income equals $3,779/mo. Return on cash invested is 17.09% in year one, and rental yield stands at 6.99% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 88.29% and total cumulative return in cash reaches $188,508. For financing, Ziffy Mortgage’s DSCR program evaluates $3,779/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32082, Ponte Vedra Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,721 (100%) |
| Owner Occupied HU | 11,389 (72.4%) |
| Renter Occupied HU | 2,720 (17.3%) |
| Vacant Housing Units | 1,612 (10.3%) |
| Median Home Value | $792,695 |
| Average Home Value | $967,818 |
Housing Distribution
Address Breakdown
Residential
14,755
Single Family
11,812
Multi-Family
2,943
Businesses
836
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Listed by: JILL R MERO • MERO REALTY
Mls Name: realMLS
Mls ID: #2122123