1629 BELMONTE Avenue #1629-1631JacksonvilleFL32207
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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 1629 BELMONTE Avenue #1629-1631, Jacksonville, FL, 32207 listed at $649,500 pairs $2,160/mo rent with a $3,179/mo payment. Total monthly income runs $2,160/mo. Return on cash invested measures 7.99% in year one, and rental yield registers 3.99% at a $649,500 basis. Equity gained on principal adds $4,191/yr, and annual property appreciation at 5% supports $179,445 by year five. Five-year ROI tracks 39.46% and total cumulative return in cash totals $84,325. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $3,179/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1937
8,276 sqft 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: MARY BURNETT • MARY BURNETT, BROKER
Mls Name: realMLS
Mls ID: #2121098