5556 GROVE AvenueJacksonvilleFL32211
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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 5556 GROVE Avenue, Jacksonville, FL, 32211 offers a 11.86% rental yield on a $289,000 purchase with $2,856/mo rent. Total monthly income registers $2,856/mo, and a $1,415/mo payment leaves $938/mo available for distribution. Annual cash flow reaches $11,252/yr on $95,804 to close, and return on cash invested stands at 31.65% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 166.41% and total cumulative return in cash at $159,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,856/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32211, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,966 (100%) |
| Owner Occupied HU | 7,394 (46.3%) |
| Renter Occupied HU | 7,213 (45.2%) |
| Vacant Housing Units | 1,359 ( 8.5%) |
| Median Home Value | $244,330 |
| Average Home Value | $327,935 |
Housing Distribution
Address Breakdown
Residential
14,582
Single Family
12,729
Multi-Family
1,853
Businesses
1,022
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Listed by: PAULA BUZETA • GREEN PALM REALTY & PROPERTY MANAGEMENT
Mls Name: realMLS
Mls ID: #2114062