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
Investment property for sale in Jacksonville at 240 7TH Street W, Jacksonville, FL, 32206 offers a 5.38% rental yield on a $1,430,000 purchase with $6,412/mo rent. 4% in year one. Equity gained on principal adds $9,228/yr while 5% annual appreciation supports $395,083 over five years. Portfolio math shows five-year ROI at 63.07% and total cumulative return in cash at $292,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,412/mo property income against a $6,999/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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.