1846 MARGARET Street #2BJacksonvilleFL32204
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 at 1846 MARGARET Street #2B, Jacksonville, FL, 32204 at $225,000 posts ROI 23.6% with $229/mo cash flow from $1,722/mo rent. Total monthly income equals $1,722/mo, and annual cash flow records $2,749/yr on $74,588 to close. Return on cash invested measures 23.6% and rental yield reads 9.18% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 123.25% and total cumulative return in cash totals $91,929.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,722/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1926
N/A lot
$N/A/sqft
No 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: IVAN COBREIRO • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2115503