3058 2ND ST CircleJacksonvilleFL32254
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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 3058 2ND ST Circle, Jacksonville, FL, 32254 generates $1,367/mo in rent and, after a $832/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,367/mo, and annual cash flow is $2,867/yr on $56,355 invested. Return on cash invested sits at 25% in year one, and rental yield is 9.65% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 130.72% and total cumulative return in cash sums $73,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,367/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,405 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: REIDAR HUBBARD • COLDWELL BANKER ANABASIS REALTY
Mls Name: realMLS
Mls ID: #2111200