8413 FREE AvenueJacksonvilleFL32211
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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 8413 FREE Avenue, Jacksonville, FL, 32211 priced at $249,900 pairs $1,697/mo rent with $39/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,697/mo, and annual cash flow comes to $465/yr on $82,842 invested. Return on cash invested is 20.47% in year one, and rental yield stands at 8.15% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 106.43% and total cumulative return in cash reaches $88,166. For financing, Ziffy Mortgage’s DSCR program evaluates $1,697/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32211, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,966 (100%) |
| Owner Occupied HU | 7,394 (46.3%) |
| Renter Occupied HU | 7,213 (45.2%) |
| Vacant Housing Units | 1,359 ( 8.5%) |
| Median Home Value | $244,330 |
| Average Home Value | $327,935 |
Housing Distribution
Address Breakdown
Residential
14,582
Single Family
12,729
Multi-Family
1,853
Businesses
1,022
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Listed by: MARIAM NASERY-WALLIZADA • ERA ONETEAM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2081761
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.