624 6TH Avenue NJacksonville BeachFL32250
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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 Beach at 624 6TH Avenue N, Jacksonville Beach, FL, 32250 priced at $455,000 pairs $3,049/mo rent with $30/mo cash flow after a $2,227/mo payment. Total monthly income equals $3,049/mo, and annual cash flow comes to $354/yr on $150,833 invested. Return on cash invested is 20.14% in year one, and rental yield stands at 8.04% on a $455,000 basis. Equity gained on principal adds $2,936/yr, and 5% annual appreciation accumulates to $125,708 by year five. Five-year ROI measures 104.69% and total cumulative return in cash reaches $157,912. For financing, Ziffy Mortgage’s DSCR program evaluates $3,049/mo property income against a $2,227/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
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Listed by: PAMELA DAVIS • JASON MITCHELL REAL ESTATE FLORIDA, LLC.
Mls Name: realMLS
Mls ID: #2121251