1239 Ben Bates StJenningsFL32053
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 Jennings at 1239 Ben Bates St, Jennings, FL, 32053 uses $63,814 cash to close to unlock $6,261/yr annual cash flow and $522/mo monthly cash flow. Total monthly income runs $1,799/mo, and a $942/mo payment keeps the spread at $522/mo. Purchase price stands at $192,500, and rental yield measures 11.21% with $1,799/mo rent. Return on cash invested shows 29.72% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 156.05% and total cumulative return in cash records $99,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $942/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32053, Jennings, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,757 (100%) |
| Owner Occupied HU | 1,207 (68.7%) |
| Renter Occupied HU | 311 (17.7%) |
| Vacant Housing Units | 239 (13.6%) |
| Median Home Value | $116,969 |
| Average Home Value | $301,864 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices