815 FRANKLIN StreetJacksonvilleFL32206
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow815 FRANKLIN Street, Jacksonville, FL, 32206 in Jacksonville is a solid income-producing rental, 10.36% gross yield, $1,423/mo rent, $329/mo net cash flow on a $163,900 buy. DSCR 1.93 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $45,283 and $1,510/yr in principal reduction project a total cumulative return of $84,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $329 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,423 |
| Total Monthly Debt Service | $1,022 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32206, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 3,358 (35.5%) |
| Renter Occupied HU | 4,580 (48.5%) |
| Vacant Housing Units | 1,508 (16.0%) |
| Median Home Value | $158,275 |
| Average Home Value | $300,232 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
7,434
Multi-Family
675
Businesses
876
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
Single Family
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32206, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 3,358 (35.5%) |
| Renter Occupied HU | 4,580 (48.5%) |
| Vacant Housing Units | 1,508 (16.0%) |
| Median Home Value | $158,275 |
| Average Home Value | $300,232 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
7,434
Multi-Family
675
Businesses
876
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CLAIRE SHEEHAN • NETWORTH REALTY OF JACKSONVILLE, LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2093958
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.