2138 ERNEST StreetJacksonvilleFL32204
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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
Total monthly income runs $2,126/mo, and a $1,879/mo payment. Purchase price stands at $384,000, and rental yield measures 6.64% with $2,126/mo rent. Return on cash invested shows 15.93% in year one, and 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 82.12% and total cumulative return in cash records $104,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,126/mo property income covering a $1,879/mo payment rather than investor’s personal income.
Single Family
Built in 1926
5,662 sqft 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: Sacha Higham • TRADITIONS REALTY LLC
Mls Name: realMLS
Mls ID: #2094335