422 9TH Avenue NJacksonville BeachFL32250
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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 Beach at 422 9TH Avenue N, Jacksonville Beach, FL, 32250 offers $4,874/mo rent that, after a $5,776/mo payment. Total monthly income is $4,874/mo. Return on cash invested measures 10.13% in year one, and rental yield stands at 4.96% at a $1,180,000 entry. Equity gained on principal adds $7,614/yr while 5% annual appreciation compounds into $326,012 by year five. Five-year ROI records 51.25% and total cumulative return in cash reaches $195,956. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,874/mo property income versus a $5,776/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
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Listed by: JENNIFER HENDRY • CROSSVIEW REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2074679
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.