12206 GRASSE StreetJacksonvilleFL32224
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
Rental property for sale in Jacksonville at 12206 GRASSE Street, Jacksonville, FL, 32224 generates $2,028/mo in rent and, after a $1,260/mo payment, leaves $320/mo in cash flow. Total monthly income is $2,028/mo, and annual cash flow is $3,834/yr on $85,361 invested. Return on cash invested sits at 24.4% in year one, and rental yield is 9.45% on a $257,500 entry. Equity gained on principal adds $1,662/yr, while 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 127.52% and total cumulative return in cash sums $108,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,028/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32224, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,258 (100%) |
| Owner Occupied HU | 9,948 (51.7%) |
| Renter Occupied HU | 8,089 (42.0%) |
| Vacant Housing Units | 1,221 ( 6.3%) |
| Median Home Value | $472,373 |
| Average Home Value | $530,588 |
Housing Distribution
Address Breakdown
Residential
19,257
Single Family
11,083
Multi-Family
8,174
Businesses
687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CATHY WHATLEY • BUCK & BUCK INC
Mls Name: realMLS
Mls ID: #2116154