2058 ST MARTINS Drive EJacksonvilleFL32246
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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 2058 ST MARTINS Drive E, Jacksonville, FL, 32246 offers a 8.08% rental yield on a $399,000 purchase with $2,686/mo rent. 61% 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 102.08% and total cumulative return in cash at $135,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,686/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
8,276 sqft lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32246, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,240 (100%) |
| Owner Occupied HU | 13,631 (50.0%) |
| Renter Occupied HU | 11,522 (42.3%) |
| Vacant Housing Units | 2,087 ( 7.7%) |
| Median Home Value | $362,760 |
| Average Home Value | $403,295 |
Housing Distribution
Address Breakdown
Residential
25,306
Single Family
18,270
Multi-Family
7,036
Businesses
1,213
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Listed by: DEBRA TUFTS • CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
Mls Name: realMLS
Mls Provider:
Mls ID: #2093920
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.