800 BLACK CHERRY Drive SSaint 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 800 BLACK CHERRY Drive S, Saint Johns, FL, 32259 offers $2,338/mo rent that, after a $1,263/mo payment, leaves $626/mo cash flow. Total monthly income is $2,338/mo, and annual cash flow is $7,508/yr on $85,527 cash. Return on cash invested measures 28.69% in year one, and rental yield stands at 10.87% at a $258,000 entry. Equity gained on principal adds $1,665/yr while 5% annual appreciation compounds into $71,281 by year five. Five-year ROI records 150.52% and total cumulative return in cash reaches $128,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,338/mo property income versus a $1,263/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: FAN YI DUCE • ROSE CLOVER, LLC
Mls Name: realMLS
Mls ID: #2109258