1701 1ST Street N #7AJacksonville BeachFL32250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Beach at 1701 1ST Street N #7A, Jacksonville Beach, FL, 32250 earns from $3,167/mo rent with a $2,594/mo payment. Total monthly income totals $3,167/mo. ROI tracks 17.65% on current figures, and rental yield reads 7.17% at a $529,995 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,428 over five years. Five-year ROI reaches 91.29% and total cumulative return in cash sums $159,173. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,167/mo property income instead of your personal income.
Condo
Built in 1983
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MELINDA SNOW MARCHESI • MARSH LANDING REALTY
Mls Name: realMLS
Mls ID: #2086363