1217 W 29TH StreetJacksonvilleFL32209
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
Investment Highlights
Investment property for sale in Jacksonville at 1217 W 29TH Street, Jacksonville, FL, 32209 offers a 9.81% rental yield on a $135,000 purchase with $1,104/mo rent. Total monthly income registers $1,104/mo, and a $661/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,494/yr on $44,753 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 133.35% and total cumulative return in cash at $59,677. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,104/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32209, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,440 (100%) |
| Owner Occupied HU | 6,709 (40.8%) |
| Renter Occupied HU | 7,453 (45.3%) |
| Vacant Housing Units | 2,278 (13.9%) |
| Median Home Value | $86,153 |
| Average Home Value | $254,357 |
Housing Distribution
Address Breakdown
Residential
14,781
Single Family
13,909
Multi-Family
872
Businesses
765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ELAINE SAMAAN • DOGWOOD REALTY FLORIDA
Mls Name: realMLS
Mls ID: #2119375