629 4TH Avenue SJacksonville 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
Investment property for sale in Jacksonville Beach at 629 4TH Avenue S, Jacksonville Beach, FL, 32250 uses $170,422 cash to close to unlock $1,030/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $3,523/mo, and a $2,535/mo payment keeps the spread at $86/mo. Purchase price stands at $518,000, and rental yield measures 8.16% with $3,523/mo rent. Return on cash invested shows 20.66% in year one, and 5% annual appreciation builds toward $143,114 over five years. Five-year ROI reaches 107.45% and total cumulative return in cash records $183,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,523/mo property income covering a $2,535/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
2,613 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: PATTIE STOCKTON NOOTENS • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2112746