1203 NEVA StreetJacksonvilleFL32205
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1203 NEVA Street, Jacksonville, FL, 32205 in Jacksonville at $245,000 earns $1,800/mo in rent and nets $174/mo after the $1,102/mo payment, a 8.82% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $67,689 over five years. Ziffy Mortgage underwrites this on a 1.63 DSCR without U.S. credit history. With $2,256/yr in principal paydown, total projected return reaches $104,608.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $174 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
2,613 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2026
2,613 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ALEN COWLES • TPR REAL ESTATE GROUP INC
Mls Name: realMLS
Mls ID: #2127445