2605 INDEPENDENCE DriveJacksonville BeachFL32250
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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 Beach at 2605 INDEPENDENCE Drive, Jacksonville Beach, FL, 32250 priced at $590,000 converts $3,898/mo rent into after a $2,888/mo obligation. Total monthly income equals $3,898/mo. Return on cash invested prints 19.95% in year one, and rental yield reads 7.93% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 103.64% and total cumulative return in cash sums $201,172. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,898/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
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Listed by: KENDRA NIEMI ROBERTSON • KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Mls Name: realMLS
Mls Provider:
Mls ID: #2052481
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.