2677 ALTA Circle NJacksonvilleFL32226
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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 2677 ALTA Circle N, Jacksonville, FL, 32226 generates $3,062/mo in rent and, after a $1,649/mo payment, leaves $826/mo in cash flow. Total monthly income is $3,062/mo, and annual cash flow is $9,913/yr on $111,716 invested. Return on cash invested sits at 28.78% in year one, and rental yield is 10.9% on a $337,000 entry. Equity gained on principal adds $2,175/yr, while 5% annual appreciation builds toward $93,107 over five years. Five-year ROI reaches 151.05% and total cumulative return in cash sums $168,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,062/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32226, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,333 (100%) |
| Owner Occupied HU | 6,958 (83.5%) |
| Renter Occupied HU | 1,068 (12.8%) |
| Vacant Housing Units | 307 ( 3.7%) |
| Median Home Value | $414,621 |
| Average Home Value | $485,640 |
Housing Distribution
Address Breakdown
Residential
8,442
Single Family
8,442
Multi-Family
0
Businesses
616
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Listed by: JANET DAVIS LAWLER • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls ID: #2113502