616 DAVIS StreetNeptune BeachFL32266
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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 616 DAVIS Street, Neptune Beach, FL, 32266 priced at $795,000 pairs $3,564/mo rent with after a $3,891/mo payment. Total monthly income equals $3,564/mo. Return on cash invested is 12.21% in year one, and rental yield stands at 5.38% on a $795,000 basis. Equity gained on principal adds $5,130/yr, and 5% annual appreciation accumulates to $219,644 by year five. Five-year ROI measures 62.11% and total cumulative return in cash reaches $162,442. For financing, Ziffy Mortgage’s DSCR program evaluates $3,564/mo property income against a $3,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
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: H. WILLIAM LANDAY • RE/MAX UNLIMITED
Mls Name: realMLS
Mls ID: #2104650