843 LINE StreetJacksonvilleFL32209
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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 843 LINE Street, Jacksonville, FL, 32209 uses $41,438 cash to close to unlock $2,007/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $997/mo, and a $612/mo payment keeps the spread at $167/mo. Purchase price stands at $125,000, and rental yield measures 9.57% with $997/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 129.49% and total cumulative return in cash records $53,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1976
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32209, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,440 (100%) |
| Owner Occupied HU | 6,709 (40.8%) |
| Renter Occupied HU | 7,453 (45.3%) |
| Vacant Housing Units | 2,278 (13.9%) |
| Median Home Value | $86,153 |
| Average Home Value | $254,357 |
Housing Distribution
Address Breakdown
Residential
14,781
Single Family
13,909
Multi-Family
872
Businesses
765
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Listed by: ALAN PARASO • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2111298