622 E 63RD StreetJacksonvilleFL32208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 622 E 63RD Street, Jacksonville, FL, 32208 priced at $143,000 pairs $1,106/mo rent with $157/mo cash flow after a $700/mo payment. Total monthly income equals $1,106/mo, and annual cash flow comes to $1,883/yr on $47,405 invested. Return on cash invested is 23.88% in year one, and rental yield stands at 9.28% on a $143,000 basis. Equity gained on principal adds $923/yr, and 5% annual appreciation accumulates to $39,508 by year five. Five-year ROI measures 124.73% and total cumulative return in cash reaches $59,128. For financing, Ziffy Mortgage’s DSCR program evaluates $1,106/mo property income against a $700/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
5,227 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MOSES R NAE • VIRTUALTY REAL ESTATE
Mls Name: realMLS
Mls ID: #2125791