3401 TOWNSEND BoulevardJacksonvilleFL32277
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 3401 TOWNSEND Boulevard, Jacksonville, FL, 32277 in Jacksonville. At $119,995 it earns $1,120/mo in rent and distributes $290/mo to the owner after the $540/mo payment, a consistent 10.75% yield. DSCR 2.07 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $33,152 in value; $1,105/yr in principal paydown compounds ownership stake. Total projected return: $66,535.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $290 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,120 |
| Total Monthly Debt Service | $749 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32277, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,898 (100%) |
| Owner Occupied HU | 6,793 (52.7%) |
| Renter Occupied HU | 5,299 (41.1%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $309,038 |
| Average Home Value | $390,332 |
Housing Distribution
Address Breakdown
Residential
12,973
Single Family
11,915
Multi-Family
1,058
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32277, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,898 (100%) |
| Owner Occupied HU | 6,793 (52.7%) |
| Renter Occupied HU | 5,299 (41.1%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $309,038 |
| Average Home Value | $390,332 |
Housing Distribution
Address Breakdown
Residential
12,973
Single Family
11,915
Multi-Family
1,058
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TAMEKA L JOSEPH • VYLLA HOME
Mls Name: realMLS
Mls ID: #2119881