2040 ALLEY RoadJacksonvilleFL32233
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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 2040 ALLEY Road, Jacksonville, FL, 32233 offers a 8.16% rental yield on a $399,000 purchase with $2,713/mo rent. Total monthly income registers $2,713/mo, and a $1,953/mo payment leaves $65/mo available for distribution. Annual cash flow reaches $781/yr on $132,269 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 106.62% and total cumulative return in cash at $141,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,713/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32233, Atlantic Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,880 (100%) |
| Owner Occupied HU | 6,374 (53.7%) |
| Renter Occupied HU | 4,680 (39.4%) |
| Vacant Housing Units | 826 ( 7.0%) |
| Median Home Value | $455,507 |
| Average Home Value | $606,977 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,212
Multi-Family
2,590
Businesses
736
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Listed by: CONNIE GRUBBS • KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Mls Name: realMLS
Mls ID: #2115026