2706 PALAFOX StreetJacksonvilleFL32209
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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
Investment property for sale in Jacksonville at 2706 PALAFOX Street, Jacksonville, FL, 32209 with 5% annual appreciation on a $147,999 basis while $1,148/mo rent supports operations. Total monthly income totals $1,148/mo and a $724/mo payment preserves $166/mo for cash returns. Annual cash flow comes to $1,995/yr on $49,062 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $955/yr, and five-year appreciation sums $40,889 alongside rental yield of 9.31%. Five-year ROI measures 125.31% and total cumulative return in cash totals $61,478.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,148/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32209, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,440 (100%) |
| Owner Occupied HU | 6,709 (40.8%) |
| Renter Occupied HU | 7,453 (45.3%) |
| Vacant Housing Units | 2,278 (13.9%) |
| Median Home Value | $86,153 |
| Average Home Value | $254,357 |
Housing Distribution
Address Breakdown
Residential
14,781
Single Family
13,909
Multi-Family
872
Businesses
765
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Listed by: JOHANA RAMIREZ TIJERINO • EXP REALTY LLC
Mls Name: realMLS
Mls ID: #2120569