3502 FLEET StreetJacksonvilleFL32207
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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 3502 FLEET Street, Jacksonville, FL, 32207 generates $1,375/mo in rent and, after a $875/mo payment, leaves $189/mo in cash flow. Total monthly income is $1,375/mo, and annual cash flow is $2,263/yr on $59,272 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 9.23% on a $178,800 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation builds toward $49,399 over five years. Five-year ROI reaches 123.92% and total cumulative return in cash sums $73,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32207, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,101 (100%) |
| Owner Occupied HU | 8,798 (43.8%) |
| Renter Occupied HU | 9,108 (45.3%) |
| Vacant Housing Units | 2,195 (10.9%) |
| Median Home Value | $346,442 |
| Average Home Value | $442,591 |
Housing Distribution
Address Breakdown
Residential
18,150
Single Family
15,076
Multi-Family
3,074
Businesses
2,218
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Listed by: CHARLES T CHAVIS • ONE REALTY CORP
Mls Name: realMLS
Mls ID: #2114625