6306 NORWOOD AvenueJacksonvilleFL32208
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
Investment property for sale in Jacksonville at 6306 NORWOOD Avenue, Jacksonville, FL, 32208 listed at $115,000 pairs $911/mo rent with a $563/mo payment to leave $148/mo cash flow. Total monthly income runs $911/mo, and annual cash flow reaches $1,773/yr on $38,123 cash to close. Return on cash invested measures 24.56% in year one, and rental yield registers 9.51% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 128.39% and total cumulative return in cash totals $48,945. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $911/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
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: Dwayne Jackson • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2120200