571 HOPKINS StreetNeptune BeachFL32266
Nearby investment properties with comparable rents
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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 Neptune Beach at 571 HOPKINS Street, Neptune Beach, FL, 32266 offers $6,625/mo rent that, after a $3,181/mo payment, leaves $2,312/mo cash flow. Total monthly income is $6,625/mo, and annual cash flow is $27,743/yr on $213,850 cash. Return on cash invested measures 33.03% in year one, and rental yield stands at 12.23% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 173.77% and total cumulative return in cash reaches $371,606. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,625/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32266, Neptune Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 2,199 (63.5%) |
| Renter Occupied HU | 1,004 (29.0%) |
| Vacant Housing Units | 258 ( 7.5%) |
| Median Home Value | $594,897 |
| Average Home Value | $678,059 |
Housing Distribution
Address Breakdown
Residential
3,302
Single Family
2,994
Multi-Family
308
Businesses
254
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Listed by: MARILYN GILMAN • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2018977