3410 MECCA StreetJacksonvilleFL32209
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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 3410 MECCA Street, Jacksonville, FL, 32209 generates $1,039/mo in rent and, after a $678/mo payment, leaves $120/mo in cash flow. Total monthly income is $1,039/mo, and annual cash flow is $1,437/yr on $45,913 invested. Return on cash invested sits at 23.04% in year one, and rental yield is 9% on a $138,500 entry. Equity gained on principal adds $894/yr, while 5% annual appreciation builds toward $38,265 over five years. Five-year ROI reaches 120.22% and total cumulative return in cash sums $55,195. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,039/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32209, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,440 (100%) |
| Owner Occupied HU | 6,709 (40.8%) |
| Renter Occupied HU | 7,453 (45.3%) |
| Vacant Housing Units | 2,278 (13.9%) |
| Median Home Value | $86,153 |
| Average Home Value | $254,357 |
Housing Distribution
Address Breakdown
Residential
14,781
Single Family
13,909
Multi-Family
872
Businesses
765
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Listed by: SAMANTHA MORTON • REAL BROKER LLC
Mls Name: realMLS
Mls ID: #2115485