5201 ATLANTIC Boulevard #48JacksonvilleFL32207
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 5201 ATLANTIC Boulevard #48, Jacksonville, FL, 32207 uses $39,449 cash to close to unlock $1,545/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $918/mo, and a $582/mo payment keeps the spread at $129/mo. Purchase price stands at $119,000, and rental yield measures 9.26% with $918/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 124.43% and total cumulative return in cash records $49,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $918/mo property income covering a $582/mo payment rather than investor’s personal income.
Condo
Built in 1971
435.60 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RONDA HIPPS • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2114201