620 Melrose Abbey LnSaint JohnsFL32259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saint Johns at 620 Melrose Abbey Ln, Saint Johns, FL, 32259 at $598,750 posts ROI 20.09% with $5/mo cash flow from $3,979/mo rent. Total monthly income equals $3,979/mo, and annual cash flow records $62/yr on $196,989 to close. Return on cash invested measures 20.09% and rental yield reads 7.97% at the current $598,750. Equity gained on principal adds $3,864/yr, and 5% annual appreciation supports $165,424 by year five. Five-year ROI prints 104.4% and total cumulative return in cash totals $205,647.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,979/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
10,018 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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Nearby investment properties with comparable prices
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