2903 HUBBARD StreetJacksonvilleFL32206
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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 2903 HUBBARD Street, Jacksonville, FL, 32206 priced at $254,999 converts $1,595/mo rent into after a $1,248/mo obligation. Total monthly income equals $1,595/mo. Return on cash invested prints 18.53% in year one, and rental yield reads 7.51% against a $254,999 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 96.03% and total cumulative return in cash sums $81,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,595/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1914
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32206, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 3,358 (35.5%) |
| Renter Occupied HU | 4,580 (48.5%) |
| Vacant Housing Units | 1,508 (16.0%) |
| Median Home Value | $158,275 |
| Average Home Value | $300,232 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
7,434
Multi-Family
675
Businesses
876
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Listed by: ARTHUR MEALER • DREAM BIG REALTY OF JAX LLC
Mls Name: realMLS
Mls ID: #2077241