1991 ERLINE DriveJacksonvilleFL32209
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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
Rental property for sale in Jacksonville at 1991 ERLINE Drive, Jacksonville, FL, 32209 generates $859/mo in rent and, after a $511/mo payment, leaves $125/mo in cash flow. Total monthly income is $859/mo, and annual cash flow is $1,501/yr on $34,642 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 9.86% on a $104,500 entry. Equity gained on principal adds $674/yr, while 5% annual appreciation builds toward $28,871 over five years. Five-year ROI reaches 127.31% and total cumulative return in cash sums $44,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $859/mo property income rather than buyer’s personal income.
Townhouse
Built in 1972
1,742 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
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Listed by: JENNY CURTIS • ROBERT SLACK, LLC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2069166
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.