2624 CLYDE DriveJacksonvilleFL32208
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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 2624 CLYDE Drive, Jacksonville, FL, 32208 generates $1,228/mo in rent and, after a $773/mo payment, leaves $180/mo in cash flow. Total monthly income is $1,228/mo, and annual cash flow is $2,158/yr on $52,377 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 9.33% on a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash sums $65,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,228/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.85 Acres 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
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Listed by: CHERYL HORACE • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2123224