7115 NELMS StreetJacksonvilleFL32208
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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
Investment property for sale in Jacksonville at 7115 NELMS Street, Jacksonville, FL, 32208 listed at $110,000 pairs $846/mo rent with a $538/mo payment to leave $116/mo cash flow. Total monthly income runs $846/mo, and annual cash flow reaches $1,397/yr on $36,465 cash to close. Return on cash invested measures 23.74% in year one, and rental yield registers 9.23% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 124.06% and total cumulative return in cash totals $45,240. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $846/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
4,356 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
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Listed by: MAURI MATIAS OSKARI MATTSSON • FREEDOM REALTY GROUP LLC
Mls Name: realMLS
Mls ID: #2121288