304 E 5TH 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 304 E 5TH Street, Jacksonville, FL, 32206 priced at $529,000 converts $2,091/mo rent into after a $2,589/mo obligation. Total monthly income equals $2,091/mo. Return on cash invested prints 10.27% in year one, and rental yield reads 4.74% against a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation compiles into $146,153 by year five. Five-year ROI reaches 51.73% and total cumulative return in cash sums $90,029. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,091/mo property income covering a $2,589/mo payment, not borrower’s personal income.
Single Family
Built in 1942
4,356 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: GONZALO MEJIA • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2088223