214 6TH Avenue S #DJacksonville BeachFL32250
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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 Beach at 214 6TH Avenue S #D, Jacksonville Beach, FL, 32250 offers a 8.13% rental yield on a $729,000 purchase with $4,937/mo rent. Total monthly income registers $4,937/mo, and a $3,568/mo payment leaves $99/mo available for distribution. Annual cash flow reaches $1,192/yr on $239,841 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $4,704/yr while 5% annual appreciation supports $201,409 over five years. Portfolio math shows five-year ROI at 106.89% and total cumulative return in cash at $256,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,937/mo property income against a $3,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
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Listed by: SUSAN MOLLY • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2111947