1629 RIVERSIDE Avenue #7JacksonvilleFL32204
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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 RIVERSIDE Avenue #7, Jacksonville, FL, 32204 earns from $1,868/mo rent with a $1,322/mo payment. Total monthly income totals $1,868/mo. ROI tracks 14.82% on current figures, and rental yield reads 8.3% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 78.38% and total cumulative return in cash sums $70,153. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,868/mo property income instead of your personal income.
Condo
Built in 1918
435.60 sqft lot
$N/A/sqft
$455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32204, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 1,342 (25.0%) |
| Renter Occupied HU | 3,467 (64.7%) |
| Vacant Housing Units | 549 (10.2%) |
| Median Home Value | $448,848 |
| Average Home Value | $455,756 |
Housing Distribution
Address Breakdown
Residential
5,179
Single Family
2,639
Multi-Family
2,540
Businesses
881
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Listed by: JERRY THOMAS • DOUGLAS ELLIMAN FLORIDA
Mls Name: realMLS
Mls Provider:
Mls ID: #2070760
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.