603 Rum Runner WaySaint 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 603 Rum Runner Way, Saint Johns, FL, 32259 generates $4,271/mo in rent, after a $2,687/mo payment. Total monthly income is $4,271/mo. Return on cash invested sits at 20% in year one, and rental yield is 9.34% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 105.41% and total cumulative return in cash sums $190,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,271/mo property income rather than buyer’s personal income.
Townhouse
Built in 2022
6,969 sqft lot
$N/A/sqft
$411 monthly 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: Elizabeth Jennings • One Sotheby's International Realty
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #243987
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. Information is deemed reliable but not guaranteed. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.