64 PHILLIPS AvenuePonte Vedra BeachFL32082
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
Rental property for sale in Ponte Vedra Beach at 64 PHILLIPS Avenue, Ponte Vedra Beach, FL, 32082 priced at $1,490,000 converts $4,210/mo rent into after a $7,293/mo obligation. Total monthly income equals $4,210/mo. Return on cash invested prints 6.26% in year one, and rental yield reads 3.39% against a $1,490,000 entry. Equity gained on principal adds $9,615/yr, while 5% annual appreciation compiles into $411,660 by year five. Five-year ROI reaches 30.13% and total cumulative return in cash sums $145,432. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,210/mo property income covering a $7,293/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32082, Ponte Vedra Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,721 (100%) |
| Owner Occupied HU | 11,389 (72.4%) |
| Renter Occupied HU | 2,720 (17.3%) |
| Vacant Housing Units | 1,612 (10.3%) |
| Median Home Value | $792,695 |
| Average Home Value | $967,818 |
Housing Distribution
Address Breakdown
Residential
14,755
Single Family
11,812
Multi-Family
2,943
Businesses
836
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMANDA BOLWELL • INI REALTY
Mls Name: realMLS
Mls ID: #2103216