1304 7th Ave NEJacksonvilleAL36265
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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 at 1304 7th Ave NE, Jacksonville, AL, 36265 generates $2,489/mo in rent and, after a $1,987/mo payment, leaves $198/mo in cash flow. Total monthly income is $2,489/mo, and annual cash flow is $2,370/yr on $134,589 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 7.36% on a $406,000 entry. Equity gained on principal adds $2,620/yr, while 5% annual appreciation builds toward $112,170 over five years. Five-year ROI reaches 111.58% and total cumulative return in cash sums $150,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,489/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36265, Jacksonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,698 (100%) |
| Owner Occupied HU | 5,241 (54.0%) |
| Renter Occupied HU | 3,112 (32.1%) |
| Vacant Housing Units | 1,345 (13.9%) |
| Median Home Value | $200,030 |
| Average Home Value | $228,449 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
8,397
Multi-Family
254
Businesses
482
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Listed by: Jacob Parrish • United Country Real Estate - Taylor Real Estate S
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397233
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.