611 SELVA LAKES CircleAtlantic BeachFL32233
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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
Investment property for sale in Atlantic Beach at 611 SELVA LAKES Circle, Atlantic Beach, FL, 32233 listed at $759,900 pairs $4,250/mo rent with a $3,719/mo payment. Total monthly income runs $4,250/mo. Return on cash invested measures 15.78% in year one, and rental yield registers 6.71% at a $759,900 basis. Equity gained on principal adds $4,904/yr, and annual property appreciation at 5% supports $209,946 by year five. Five-year ROI tracks 81.42% and total cumulative return in cash totals $203,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,250/mo property income relative to a $3,719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
3,920 sqft lot
$N/A/sqft
$165 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32233, Atlantic Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,880 (100%) |
| Owner Occupied HU | 6,374 (53.7%) |
| Renter Occupied HU | 4,680 (39.4%) |
| Vacant Housing Units | 826 ( 7.0%) |
| Median Home Value | $455,507 |
| Average Home Value | $606,977 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,212
Multi-Family
2,590
Businesses
736
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Listed by: MICHELE JAIN • FLORIDA CONCIERGE REAL ESTATE
Mls Name: realMLS
Mls Provider:
Mls ID: #2094433
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. Data is deemed reliable but is not guaranteed accurate by realMLS.