1048 INGLESIDE AvenueJacksonvilleFL32205
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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 Jacksonville at 1048 INGLESIDE Avenue, Jacksonville, FL, 32205 offers $3,131/mo rent that, after a $2,080/mo payment, leaves $311/mo cash flow. Total monthly income is $3,131/mo, and annual cash flow is $3,729/yr on $140,888 cash. Return on cash invested measures 22.56% in year one, and rental yield stands at 8.84% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 117.62% and total cumulative return in cash reaches $165,713. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,131/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
0.28 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: PARKER GAILEY • GAILEY ENTERPRISES LLC
Mls Name: realMLS
Mls ID: #2110375