659 BASSWOOD StreetJacksonvilleFL32206
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 659 BASSWOOD Street, Jacksonville, FL, 32206 offers $1,350/mo rent that, after a $783/mo payment, leaves $288/mo cash flow. Total monthly income is $1,350/mo, and annual cash flow is $3,460/yr on $53,037 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 10.13% at a $159,990 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,202 by year five. Five-year ROI records 138.47% and total cumulative return in cash reaches $73,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,350/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32206, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 3,358 (35.5%) |
| Renter Occupied HU | 4,580 (48.5%) |
| Vacant Housing Units | 1,508 (16.0%) |
| Median Home Value | $158,275 |
| Average Home Value | $300,232 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
7,434
Multi-Family
675
Businesses
876
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Listed by: DALY N BRAXTON • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2126769