2846 W 8TH StreetJacksonvilleFL32254
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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 2846 W 8TH Street, Jacksonville, FL, 32254 listed at $158,500 pairs $1,489/mo rent with a $776/mo payment to leave $437/mo cash flow. Total monthly income runs $1,489/mo, and annual cash flow reaches $5,243/yr on $52,543 cash to close. Return on cash invested measures 29.89% in year one, and rental yield registers 11.27% at a $158,500 basis. Equity gained on principal adds $1,023/yr, and annual property appreciation at 5% supports $43,791 by year five. Five-year ROI tracks 156.94% and total cumulative return in cash totals $82,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,489/mo property income relative to a $776/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32254, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 2,751 (43.3%) |
| Renter Occupied HU | 2,937 (46.3%) |
| Vacant Housing Units | 661 (10.4%) |
| Median Home Value | $95,506 |
| Average Home Value | $163,904 |
Housing Distribution
Address Breakdown
Residential
5,832
Single Family
5,832
Multi-Family
0
Businesses
1,199
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Listed by: MERCEDES RAE ST GEORGE • REAL BROKER LLC
Mls Name: realMLS
Mls ID: #2104208