5811 ATLANTIC Boulevard #229JacksonvilleFL32207
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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 5811 ATLANTIC Boulevard #229, Jacksonville, FL, 32207 uses $48,068 cash to close to unlock $2,238/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,149/mo, and a $710/mo payment keeps the spread at $186/mo. Purchase price stands at $145,000, and rental yield measures 9.51% with $1,149/mo rent. Return on cash invested shows 24.56% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 128.46% and total cumulative return in cash records $61,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,149/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1970
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
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Listed by: CARRIE ANN FIFE • CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
Mls Name: realMLS
Mls ID: #2120597