2664 ERNEST StreetJacksonvilleFL32204
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 2664 ERNEST Street, Jacksonville, FL, 32204 in Jacksonville is a conservative rental investment at $297,500. Rental yield 7.64%. A 1.42 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $82,194; $2,740/yr in principal paydown supplements. Total projected return: $108,203.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $(81) | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,894 |
| Total Monthly Debt Service | $1,856 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
6,969 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
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
Single Family
Built in 1925
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: WILLIAM SMITH • HOME REALTY ASSOCIATES INC
Mls Name: realMLS
Mls ID: #2123376