1071 EDGEWOOD Avenue UNIT 603JacksonvilleFL32205
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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 1071 EDGEWOOD Avenue UNIT 603, Jacksonville, FL, 32205 earns from $1,139/mo rent with a $670/mo payment. Total monthly income totals $1,139/mo. ROI tracks 17.23% on current figures, and rental yield reads 9.98% at a $136,900 purchase. Equity gained on principal adds $883/yr, and 5% annual appreciation supports $37,823 over five years. Five-year ROI reaches 92.28% and total cumulative return in cash sums $41,877. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,139/mo property income instead of your personal income.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$332 monthly 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: PAMELA FORE • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2049256
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.