887 CORAL REEF WayPonte Vedra BeachFL32082
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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
Investment property for sale in Ponte Vedra Beach at 887 CORAL REEF Way, Ponte Vedra Beach, FL, 32082 offers a 10.44% rental yield on a $238,000 purchase with $2,071/mo rent. 87% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 105.98% and total cumulative return in cash at $83,614. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,071/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$463 monthly 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
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Listed by: JOSELYN BRUNELLE • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls Provider:
Mls ID: #2066124
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. Data is deemed reliable but is not guaranteed accurate by realMLS.