542 Richmond DrSaint 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 542 Richmond Dr, Saint Johns, FL, 32259 priced at $283,000 converts $1,967/mo rent into $89/mo cash flow after a $1,385/mo obligation. Total monthly income equals $1,967/mo, and annual cash flow totals $1,069/yr on $93,815 invested. Return on cash invested prints 21.05% in year one, and rental yield reads 8.34% against a $283,000 entry. Equity gained on principal adds $1,826/yr, while 5% annual appreciation compiles into $78,188 by year five. Five-year ROI reaches 109.58% and total cumulative return in cash sums $102,807. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,967/mo property income covering a $1,385/mo payment, not borrower’s personal income.
Townhouse
Built in 2017
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: Susan Timmons • Momentum Realty
Mls Name: St Augustine St Johns County BOR
Mls ID: #255790