1002 CHERBOURG Avenue EJacksonvilleFL32205
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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 Jacksonville at 1002 CHERBOURG Avenue E, Jacksonville, FL, 32205 uses $82,875 cash to close to unlock $907/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $1,735/mo, and a $1,224/mo payment keeps the spread at $76/mo. Purchase price stands at $250,000, and rental yield measures 8.33% with $1,735/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 109.33% and total cumulative return in cash records $90,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,735/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32205, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,355 (100%) |
| Owner Occupied HU | 7,663 (49.9%) |
| Renter Occupied HU | 6,471 (42.1%) |
| Vacant Housing Units | 1,221 ( 8.0%) |
| Median Home Value | $340,528 |
| Average Home Value | $420,715 |
Housing Distribution
Address Breakdown
Residential
14,925
Single Family
13,186
Multi-Family
1,739
Businesses
1,070
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Listed by: KERRIEAL GENERAL • DJ & LINDSEY REAL ESTATE
Mls Name: realMLS
Mls ID: #2117523