763 GINGER MILL DriveSaint 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
Rental property for sale in Saint Johns at 763 GINGER MILL Drive, Saint Johns, FL, 32259 priced at $269,000 converts $2,261/mo rent into $475/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,261/mo, and annual cash flow totals $5,706/yr on $89,174 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 10.09% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 137.77% and total cumulative return in cash sums $122,855. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,261/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
N/A 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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Listed by: JANET WU • KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Mls Name: realMLS
Mls ID: #2114966