1309 Salt Ridge AveJacksonvilleFL32218
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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
Investment property for sale in Jacksonville at 1309 Salt Ridge Ave, Jacksonville, FL, 32218 earns from $2,087/mo rent with a $3,713/mo payment. Total monthly income totals $2,087/mo. ROI tracks 4.93% on current figures, and rental yield reads 3.3% at a $758,700 purchase. Equity gained on principal adds $4,896/yr, and 5% annual appreciation supports $209,615 over five years. Five-year ROI reaches 23.42% and total cumulative return in cash sums $58,465. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,087/mo property income instead of your personal income.
Townhouse
Built in 2021
1,670 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32218, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,698 (100%) |
| Owner Occupied HU | 19,178 (60.5%) |
| Renter Occupied HU | 10,177 (32.1%) |
| Vacant Housing Units | 2,343 ( 7.4%) |
| Median Home Value | $324,304 |
| Average Home Value | $349,279 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
26,020
Multi-Family
4,047
Businesses
1,464
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