4436 MELROSE AvenueJacksonvilleFL32210
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
Rental property for sale in Jacksonville at 4436 MELROSE Avenue, Jacksonville, FL, 32210 generates $2,122/mo in rent and, after a $1,322/mo payment, leaves $330/mo in cash flow. Total monthly income is $2,122/mo, and annual cash flow is $3,957/yr on $89,505 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 9.43% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash sums $113,797. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,122/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32210, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,079 (100%) |
| Owner Occupied HU | 14,620 (52.1%) |
| Renter Occupied HU | 11,233 (40.0%) |
| Vacant Housing Units | 2,226 ( 7.9%) |
| Median Home Value | $277,331 |
| Average Home Value | $365,520 |
Housing Distribution
Address Breakdown
Residential
28,002
Single Family
25,146
Multi-Family
2,856
Businesses
1,653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ERIC HINOJOS • FIRST COAST HEROES REAL ESTATE LLC
Mls Name: realMLS
Mls ID: #2113852