3471 FOREST BoulevardJacksonvilleFL32246
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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
Investment property for sale in Jacksonville at 3471 FOREST Boulevard, Jacksonville, FL, 32246 offers a 8.02% rental yield on a $239,900 purchase with $1,604/mo rent. Total monthly income registers $1,604/mo, and a $1,174/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $146/yr on $79,527 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 104.46% and total cumulative return in cash at $83,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,604/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32246, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,240 (100%) |
| Owner Occupied HU | 13,631 (50.0%) |
| Renter Occupied HU | 11,522 (42.3%) |
| Vacant Housing Units | 2,087 ( 7.7%) |
| Median Home Value | $362,760 |
| Average Home Value | $403,295 |
Housing Distribution
Address Breakdown
Residential
25,306
Single Family
18,270
Multi-Family
7,036
Businesses
1,213
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Listed by: LORI NEIGHBORS • ASSIST2SELL FULL SERVICE REALTY LLC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2098059
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.