120 8TH Avenue 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 120 8TH Avenue N, Jacksonville Beach, FL, 32250 generates $3,431/mo in rent, after a $4,346/mo payment. Total monthly income is $3,431/mo. Return on cash invested sits at 9.95% in year one, and rental yield is 4.64% on a $888,000 entry. Equity gained on principal adds $5,730/yr, while 5% annual appreciation builds toward $245,338 over five years. Five-year ROI reaches 49.99% and total cumulative return in cash sums $146,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
1,306 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: CHRISTINE CORMACK • KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Mls Name: realMLS
Mls ID: #2124741