1504 MITCHELL StreetJacksonvilleFL32209
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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 1504 MITCHELL Street, Jacksonville, FL, 32209 offers $1,504/mo rent that, after a $680/mo payment, leaves $582/mo cash flow. Total monthly income is $1,504/mo, and annual cash flow is $6,983/yr on $46,079 cash. Return on cash invested measures 35.06% in year one, and rental yield stands at 12.98% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 184.71% and total cumulative return in cash reaches $85,112. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,504/mo property income versus a $680/mo payment rather than borrower’s personal income verification through 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
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Listed by: DELANEY HENDERSON • MOMENTUM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2061387
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. Data is deemed reliable but is not guaranteed accurate by realMLS.