500 WALNUT DriveSaint 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
Rental property for sale in Saint Johns at 500 WALNUT Drive, Saint Johns, FL, 32259 priced at $320,000 converts $2,488/mo rent into $365/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,488/mo, and annual cash flow totals $4,376/yr on $106,080 invested. Return on cash invested prints 24.03% in year one, and rental yield reads 9.33% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 125.55% and total cumulative return in cash sums $133,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,488/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Townhouse
Built in 2011
2,178 sqft lot
$N/A/sqft
No 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: BEN GLYNN • EPIQUE REALTY, INC
Mls Name: realMLS
Mls ID: #2125660