3693 SMITHFIELD StreetJacksonvilleFL32217
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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 3693 SMITHFIELD Street, Jacksonville, FL, 32217 uses $36,432 cash to close to unlock $1,135/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $824/mo, and a $538/mo payment keeps the spread at $95/mo. Purchase price stands at $109,900, and rental yield measures 9% with $824/mo rent. Return on cash invested shows 23.02% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash records $43,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $824/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1943
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32217, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,419 (100%) |
| Owner Occupied HU | 5,237 (55.6%) |
| Renter Occupied HU | 3,508 (37.2%) |
| Vacant Housing Units | 674 ( 7.2%) |
| Median Home Value | $410,650 |
| Average Home Value | $493,461 |
Housing Distribution
Address Breakdown
Residential
9,190
Single Family
6,961
Multi-Family
2,229
Businesses
870
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Listed by: JOSEPH CAPARROS • AMERICAN REAL ESTATE SOLUTIONS LLC
Mls Name: realMLS
Mls ID: #2120379