610 6th Ave NEJacksonvilleAL36265
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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 610 6th Ave NE, Jacksonville, AL, 36265 generates $1,620/mo in rent and, after a $1,101/mo payment, leaves $350/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $4,203/yr on $74,588 invested. Return on cash invested sits at 25.54% in year one, and rental yield is 8.64% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 132.39% and total cumulative return in cash sums $98,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36265, Jacksonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,698 (100%) |
| Owner Occupied HU | 5,241 (54.0%) |
| Renter Occupied HU | 3,112 (32.1%) |
| Vacant Housing Units | 1,345 (13.9%) |
| Median Home Value | $200,030 |
| Average Home Value | $228,449 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
8,397
Multi-Family
254
Businesses
482
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Listed by: Hunter Cain • ERA King Real Estate
Mls Name: GALMLS
Mls ID: #21439666