311 W Ashley St APT 815JacksonvilleFL32202
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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 311 W Ashley St APT 815, Jacksonville, FL, 32202 generates $785/mo in rent, after a $499/mo payment. Total monthly income is $785/mo. Return on cash invested sits at 11.49% in year one, and rental yield is 9.24% on a $102,000 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 62.73% and total cumulative return in cash sums $21,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $785/mo property income rather than buyer’s personal income.
Condo
Built in 1949
25 sqft lot
$N/A/sqft
$333 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32202, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,142 (100%) |
| Owner Occupied HU | 249 (11.6%) |
| Renter Occupied HU | 1,584 (73.9%) |
| Vacant Housing Units | 309 (14.4%) |
| Median Home Value | $361,429 |
| Average Home Value | $411,195 |
Housing Distribution
Address Breakdown
Residential
3,023
Single Family
481
Multi-Family
2,542
Businesses
1,023
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