6719 NEWGATE Circle EJacksonvilleFL32244
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
Total monthly income runs $1,425/mo, and a $1,272/mo payment. Purchase price stands at $259,900, and rental yield measures 6.58% with $1,425/mo rent. Return on cash invested shows 14.75% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 76.13% and total cumulative return in cash records $65,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,425/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1987
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32244, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,687 (100%) |
| Owner Occupied HU | 14,863 (53.7%) |
| Renter Occupied HU | 11,246 (40.6%) |
| Vacant Housing Units | 1,578 ( 5.7%) |
| Median Home Value | $270,032 |
| Average Home Value | $294,320 |
Housing Distribution
Address Breakdown
Residential
26,480
Single Family
22,274
Multi-Family
4,206
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TAYLOR ALLEN • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2097226
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.