6880 SKAFF Avenue UNIT 3JacksonvilleFL32244
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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
Rental property for sale in Jacksonville at 6880 SKAFF Avenue UNIT 3, Jacksonville, FL, 32244 priced at $135,000 converts $1,462/mo rent into $266/mo cash flow after a $661/mo obligation. Total monthly income equals $1,462/mo, and annual cash flow totals $3,190/yr on $44,753 invested. Return on cash invested prints 27.04% in year one, and rental yield reads 13% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 144.58% and total cumulative return in cash sums $64,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,462/mo property income covering a $661/mo payment, not borrower’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$300 monthly 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
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Listed by: KAREN WENTZ • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2041964
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.