403 6th Ave NEJacksonvilleAL36265
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
Investment Highlights
Investment property for sale in Jacksonville at 403 6th Ave NE, Jacksonville, AL, 36265 uses $89,174 cash to close to unlock $3,795/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,835/mo, and a $1,317/mo payment keeps the spread at $316/mo. Purchase price stands at $269,000, and rental yield measures 8.19% with $1,835/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 124.99% and total cumulative return in cash records $111,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,835/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36265, Jacksonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,698 (100%) |
| Owner Occupied HU | 5,241 (54.0%) |
| Renter Occupied HU | 3,112 (32.1%) |
| Vacant Housing Units | 1,345 (13.9%) |
| Median Home Value | $200,030 |
| Average Home Value | $228,449 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
8,397
Multi-Family
254
Businesses
482
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phyllis Taylor • United Country Real Estate - Taylor Real Estate S
Mls Name: GALMLS
Mls ID: #21438585