1111 COLOMBO StreetJacksonvilleFL32207
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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 1111 COLOMBO Street, Jacksonville, FL, 32207 generates $2,920/mo in rent and, after a $2,080/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,920/mo, and annual cash flow is $1,197/yr on $140,888 invested. Return on cash invested sits at 20.76% in year one, and rental yield is 8.24% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 107.98% and total cumulative return in cash sums $152,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32207, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,101 (100%) |
| Owner Occupied HU | 8,798 (43.8%) |
| Renter Occupied HU | 9,108 (45.3%) |
| Vacant Housing Units | 2,195 (10.9%) |
| Median Home Value | $346,442 |
| Average Home Value | $442,591 |
Housing Distribution
Address Breakdown
Residential
18,150
Single Family
15,076
Multi-Family
3,074
Businesses
2,218
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Listed by: SUSAN MASSEY HOPKINS • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2105669