1978 COMMONWEALTH AvenueJacksonvilleFL32209
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 1978 COMMONWEALTH Avenue, Jacksonville, FL, 32209 earns $209/mo cash flow from $1,238/mo rent with a $759/mo payment. Total monthly income totals $1,238/mo, and annual cash flow totals $2,508/yr on $51,383 capital. ROI tracks 24.79% on current figures, and rental yield reads 9.58% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 129.72% and total cumulative return in cash sums $66,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,238/mo property income instead of your personal income.
Single Family
Built in 1922
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32209, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,440 (100%) |
| Owner Occupied HU | 6,709 (40.8%) |
| Renter Occupied HU | 7,453 (45.3%) |
| Vacant Housing Units | 2,278 (13.9%) |
| Median Home Value | $86,153 |
| Average Home Value | $254,357 |
Housing Distribution
Address Breakdown
Residential
14,781
Single Family
13,909
Multi-Family
872
Businesses
765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ANDREW NEBESNYK, PA • MOMENTUM REALTY
Mls Name: realMLS
Mls ID: #2104300