553 W 61st StJacksonvilleFL32208
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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 553 W 61st St, Jacksonville, FL, 32208 at $224,900 posts ROI 19.71% with from $1,524/mo rent. Total monthly income equals $1,524/mo. Return on cash invested measures 19.71% and rental yield reads 8.13% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 102.64% and total cumulative return in cash totals $76,525. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,524/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32208, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,628 (100%) |
| Owner Occupied HU | 7,440 (50.9%) |
| Renter Occupied HU | 5,911 (40.4%) |
| Vacant Housing Units | 1,277 ( 8.7%) |
| Median Home Value | $157,957 |
| Average Home Value | $269,603 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
12,732
Multi-Family
873
Businesses
810
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Listed by: Jared Jones • SALT HARBOR REAL ESTATE COMPANY
Mls Name: AINCAR
Mls Provider:
Mls ID: #112473
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. Information is deemed reliable but not guaranteed.