557 CHESTNUT DriveJacksonvilleFL32208
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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 at 557 CHESTNUT Drive, Jacksonville, FL, 32208 priced at $135,000 converts $1,198/mo rent into $302/mo cash flow after a $661/mo obligation. Total monthly income equals $1,198/mo, and annual cash flow totals $3,622/yr on $44,753 invested. Return on cash invested prints 28% in year one, and rental yield reads 10.65% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 146.84% and total cumulative return in cash sums $65,713. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,198/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1940
N/A 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: BARBARA SISTRUNK • BASIST REALTY, LLC
Mls Name: realMLS
Mls ID: #2118907