2523 Forbes StJacksonvilleFL32204
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 2523 Forbes St, Jacksonville, FL, 32204 with 5% annual appreciation on a $873,800 basis while $2,496/mo rent supports operations. 93% in year one. Equity gained on principal adds $5,638/yr, and five-year appreciation sums $241,415 alongside rental yield of 3.43%. Five-year ROI measures 23.54% and total cumulative return in cash totals $67,686. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,496/mo property income versus a $4,277/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1927
5,876 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32204, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 1,342 (25.0%) |
| Renter Occupied HU | 3,467 (64.7%) |
| Vacant Housing Units | 549 (10.2%) |
| Median Home Value | $448,848 |
| Average Home Value | $455,756 |
Housing Distribution
Address Breakdown
Residential
5,179
Single Family
2,639
Multi-Family
2,540
Businesses
881
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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