87 City Park AveSaint MarksFL32355
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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 Saint Marks at 87 City Park Ave, Saint Marks, FL, 32355 offers $2,602/mo rent that, after a $2,117/mo payment. Total monthly income is $2,602/mo. Return on cash invested measures 17.66% in year one, and rental yield stands at 7.22% at a $432,500 entry. Equity gained on principal adds $2,791/yr while 5% annual appreciation compounds into $119,492 by year five. Five-year ROI records 91.39% and total cumulative return in cash reaches $131,023. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,602/mo property income versus a $2,117/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32355, Saint Marks, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 163 (100%) |
| Owner Occupied HU | 118 (72.4%) |
| Renter Occupied HU | 12 ( 7.4%) |
| Vacant Housing Units | 33 (20.2%) |
| Median Home Value | $336,000 |
| Average Home Value | $350,932 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
29
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Listed by: Rebecca J Bachtel • Pro Players Realty USA
Mls Name: TBR
Mls Provider:
Mls ID: #371530
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.