721 11TH Avenue SJacksonville BeachFL32250
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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 Beach at 721 11TH Avenue S, Jacksonville Beach, FL, 32250 uses $200,657 cash to close to unlock $1,689/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $4,188/mo, and a $2,985/mo payment keeps the spread at $141/mo. Purchase price stands at $609,900, and rental yield measures 8.24% with $4,188/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $168,504 over five years. Five-year ROI reaches 108.72% and total cumulative return in cash records $218,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,188/mo property income covering a $2,985/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
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Listed by: STEPHEN B WILLIAMS • EXP REALTY LLC
Mls Name: realMLS
Mls ID: #2111409