6605 DIXIE StreetJacksonvilleFL32219
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6605 DIXIE Street, Jacksonville, FL, 32219 in Jacksonville. Rental yield 4.66%. At $245,000 with 4.66% gross yield, current distributions are modest, but the 5% appreciation rate projects $67,689 in new equity by year five, complemented by $2,256/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.86) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $50,020.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.2% |
| Monthly Cash Flow | $(674) | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $952 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1938
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32219, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,933 (100%) |
| Owner Occupied HU | 5,211 (75.2%) |
| Renter Occupied HU | 1,229 (17.7%) |
| Vacant Housing Units | 493 ( 7.1%) |
| Median Home Value | $330,434 |
| Average Home Value | $349,917 |
Housing Distribution
Address Breakdown
Residential
6,421
Single Family
6,420
Multi-Family
1
Businesses
396
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
Multi Family
Built in 1938
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32219, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,933 (100%) |
| Owner Occupied HU | 5,211 (75.2%) |
| Renter Occupied HU | 1,229 (17.7%) |
| Vacant Housing Units | 493 ( 7.1%) |
| Median Home Value | $330,434 |
| Average Home Value | $349,917 |
Housing Distribution
Address Breakdown
Residential
6,421
Single Family
6,420
Multi-Family
1
Businesses
396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TAARIQ SHEARES • JPAR CITY AND BEACH
Mls Name: realMLS
Mls ID: #2125317