610 GROVE PARK BoulevardJacksonvilleFL32216
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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 610 GROVE PARK Boulevard, Jacksonville, FL, 32216 with 5% annual appreciation on a $289,900 basis while $2,012/mo rent supports operations. Total monthly income totals $2,012/mo and a $1,419/mo payment preserves $88/mo for cash returns. Annual cash flow comes to $1,057/yr on $96,102 deployed, and return on cash invested reaches 21.01% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 8.33%. Five-year ROI measures 109.37% and total cumulative return in cash totals $105,105.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,012/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32216, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,501 (100%) |
| Owner Occupied HU | 9,101 (46.7%) |
| Renter Occupied HU | 8,864 (45.5%) |
| Vacant Housing Units | 1,536 ( 7.9%) |
| Median Home Value | $329,890 |
| Average Home Value | $364,255 |
Housing Distribution
Address Breakdown
Residential
19,382
Single Family
12,153
Multi-Family
7,229
Businesses
2,236
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Listed by: AMELIA SABATER • CROSSVIEW REALTY
Mls Name: realMLS
Mls ID: #2124712