2735 NW 61st AveJenningsFL32053
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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 Jennings at 2735 NW 61st Ave, Jennings, FL, 32053 generates $1,383/mo in rent and, after a $870/mo payment, leaves $204/mo in cash flow. Total monthly income is $1,383/mo, and annual cash flow is $2,442/yr on $58,908 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 9.34% on a $177,700 entry. Equity gained on principal adds $1,147/yr, while 5% annual appreciation builds toward $49,095 over five years. Five-year ROI reaches 125.69% and total cumulative return in cash sums $74,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,383/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32053, Jennings, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,757 (100%) |
| Owner Occupied HU | 1,207 (68.7%) |
| Renter Occupied HU | 311 (17.7%) |
| Vacant Housing Units | 239 (13.6%) |
| Median Home Value | $116,969 |
| Average Home Value | $301,864 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
58
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