Fanning by Providence Homes_Reflections Plan, Nocatee,Ponte Vedra,FL,32081

Investment Highlights

Rental property for sale in Ponte Vedra at Fanning by Providence Homes_Reflections Plan, Nocatee, Ponte Vedra, FL, 32081 offers $4,320/mo rent that, after a $2,927/mo payment, leaves $352/mo cash flow. Total monthly income is $4,320/mo, and annual cash flow is $4,219/yr on $196,722 cash. Return on cash invested measures 22.2% in year one, and rental yield stands at 8.67% at a $597,940 entry. Equity gained on principal adds $3,858/yr while 5% annual appreciation compounds into $165,200 by year five. Five-year ROI records 115.72% and total cumulative return in cash reaches $227,641. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,320/mo property income versus a $2,927/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.