715 RALPH StreetJacksonvilleFL32204
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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 715 RALPH Street, Jacksonville, FL, 32204 priced at $298,000 pairs $2,210/mo rent with $232/mo cash flow after a $1,459/mo payment. Total monthly income equals $2,210/mo, and annual cash flow comes to $2,784/yr on $98,787 invested. Return on cash invested is 22.73% in year one, and rental yield stands at 8.9% on a $298,000 basis. Equity gained on principal adds $1,923/yr, and 5% annual appreciation accumulates to $82,332 by year five. Five-year ROI measures 118.52% and total cumulative return in cash reaches $117,080. For financing, Ziffy Mortgage’s DSCR program evaluates $2,210/mo property income against a $1,459/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32204, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 1,342 (25.0%) |
| Renter Occupied HU | 3,467 (64.7%) |
| Vacant Housing Units | 549 (10.2%) |
| Median Home Value | $448,848 |
| Average Home Value | $455,756 |
Housing Distribution
Address Breakdown
Residential
5,179
Single Family
2,639
Multi-Family
2,540
Businesses
881
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Listed by: SHELLEY MORGAN • KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Mls Name: realMLS
Mls ID: #2125547