245 E 46TH StreetJacksonvilleFL32208
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
Rental property for sale in Jacksonville at 245 E 46TH Street, Jacksonville, FL, 32208 generates $1,660/mo in rent and, after a $1,013/mo payment, leaves $286/mo in cash flow. Total monthly income is $1,660/mo, and annual cash flow is $3,438/yr on $68,621 invested. Return on cash invested sits at 24.92% in year one, and rental yield is 9.62% on a $207,000 entry. Equity gained on principal adds $1,336/yr, while 5% annual appreciation builds toward $57,190 over five years. Five-year ROI reaches 130.31% and total cumulative return in cash sums $89,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,660/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32208, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,628 (100%) |
| Owner Occupied HU | 7,440 (50.9%) |
| Renter Occupied HU | 5,911 (40.4%) |
| Vacant Housing Units | 1,277 ( 8.7%) |
| Median Home Value | $157,957 |
| Average Home Value | $269,603 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
12,732
Multi-Family
873
Businesses
810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emanuel Shllaku • MOMENTUM REALTY
Mls Name: realMLS
Mls ID: #2119386