702 AQUATIC DriveAtlantic 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
Rental property for sale in Atlantic Beach at 702 AQUATIC Drive, Atlantic Beach, FL, 32233 offers $3,168/mo rent that, after a $2,203/mo payment, leaves $181/mo cash flow. Total monthly income is $3,168/mo, and annual cash flow is $2,175/yr on $149,175 cash. Return on cash invested measures 21.37% in year one, and rental yield stands at 8.45% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 111.26% and total cumulative return in cash reaches $165,978. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,168/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
4,356 sqft lot
$N/A/sqft
No 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: OLIVER KRAUT • MIDDLETON REALTY, INC.
Mls Name: realMLS
Mls ID: #2104857