1181 SONGBIRD LaneJacksonvilleFL32233
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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 1181 SONGBIRD Lane, Jacksonville, FL, 32233 earns $626/mo cash flow from $1,688/mo rent with a $783/mo payment. Total monthly income totals $1,688/mo, and annual cash flow totals $7,516/yr on $53,040 capital. ROI tracks 34.08% on current figures, and rental yield reads 12.66% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 179.48% and total cumulative return in cash sums $95,198. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,688/mo property income instead of your personal income.
Townhouse
Built in 1984
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32233, Atlantic Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,880 (100%) |
| Owner Occupied HU | 6,374 (53.7%) |
| Renter Occupied HU | 4,680 (39.4%) |
| Vacant Housing Units | 826 ( 7.0%) |
| Median Home Value | $455,507 |
| Average Home Value | $606,977 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,212
Multi-Family
2,590
Businesses
736
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Listed by: TRACEY PAULSEN • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls ID: #2101008