2163 MEHARRY AvenueJacksonvilleFL32209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2163 MEHARRY Avenue, Jacksonville, FL, 32209 earns $478/mo cash flow from $1,530/mo rent with a $776/mo payment. Total monthly income totals $1,530/mo, and annual cash flow totals $5,735/yr on $52,543 capital. ROI tracks 30.82% on current figures, and rental yield reads 11.58% at a $158,500 purchase. Equity gained on principal adds $1,023/yr, and 5% annual appreciation supports $43,791 over five years. Five-year ROI reaches 161.97% and total cumulative return in cash sums $85,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,530/mo property income instead of your personal income.
Single Family
Built in 2006
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SAMANTHA MORTON • REAL BROKER LLC
Mls Name: realMLS
Mls ID: #2119434