240 7TH Street WJacksonvilleFL32206
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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
Rental property for sale in Jacksonville at 240 7TH Street W, Jacksonville, FL, 32206 priced at $1,430,000 pairs $1,756/mo rent with after a $6,999/mo payment. Total monthly income equals $1,756/mo. Return on cash invested is 0.34% in year one, and rental yield stands at 1.47% on a $1,430,000 basis. Equity gained on principal adds $9,228/yr, and 5% annual appreciation accumulates to $395,083 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,756/mo property income against a $6,999/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32206, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 3,358 (35.5%) |
| Renter Occupied HU | 4,580 (48.5%) |
| Vacant Housing Units | 1,508 (16.0%) |
| Median Home Value | $158,275 |
| Average Home Value | $300,232 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
7,434
Multi-Family
675
Businesses
876
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Listed by: SHIH CHANG FAN CHIANG • BELLE EPOQUE REALTY SERVICES LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2021993
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.