1528 PALM AvenueJacksonvilleFL32207
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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 1528 PALM Avenue, Jacksonville, FL, 32207 earns $565/mo cash flow from $1,859/mo rent with a $954/mo payment. Total monthly income totals $1,859/mo, and annual cash flow totals $6,784/yr on $64,643 capital. ROI tracks 30.4% on current figures, and rental yield reads 11.44% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 159.74% and total cumulative return in cash sums $103,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,859/mo property income instead of your personal income.
Condo
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32207, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,101 (100%) |
| Owner Occupied HU | 8,798 (43.8%) |
| Renter Occupied HU | 9,108 (45.3%) |
| Vacant Housing Units | 2,195 (10.9%) |
| Median Home Value | $346,442 |
| Average Home Value | $442,591 |
Housing Distribution
Address Breakdown
Residential
18,150
Single Family
15,076
Multi-Family
3,074
Businesses
2,218
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Listed by: CHRISTINA WELCH • KELLER WILLIAMS ST JOHNS
Mls Name: realMLS
Mls ID: #2109483