1149 2ND Street NJacksonville BeachFL32250
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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 Beach at 1149 2ND Street N, Jacksonville Beach, FL, 32250 generates $6,070/mo in rent and, after a $3,573/mo payment, leaves $1,226/mo in cash flow. Total monthly income is $6,070/mo, and annual cash flow is $14,707/yr on $240,170 invested. Return on cash invested sits at 26.18% in year one, and rental yield is 9.98% on a $729,999 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation builds toward $201,685 over five years. Five-year ROI reaches 137.04% and total cumulative return in cash sums $329,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,070/mo property income rather than buyer’s personal income.
Townhouse
Built in 1996
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
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Listed by: CHRISTOPHER TESSITORE • KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Mls Name: realMLS
Mls ID: #2112601