855 CORNWALLIS DriveJacksonvilleFL32208
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
Investment Highlights
Investment property for sale in Jacksonville at 855 CORNWALLIS Drive, Jacksonville, FL, 32208 offers a 10.91% rental yield on a $171,000 purchase with $1,555/mo rent. Total monthly income registers $1,555/mo, and a $837/mo payment leaves $420/mo available for distribution. Annual cash flow reaches $5,042/yr on $56,687 to close, and return on cash invested stands at 28.8% in year one. Equity gained on principal adds $1,103/yr while 5% annual appreciation supports $47,244 over five years. Portfolio math shows five-year ROI at 151.19% and total cumulative return in cash at $85,703. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,555/mo property income against a $837/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32208, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,628 (100%) |
| Owner Occupied HU | 7,440 (50.9%) |
| Renter Occupied HU | 5,911 (40.4%) |
| Vacant Housing Units | 1,277 ( 8.7%) |
| Median Home Value | $157,957 |
| Average Home Value | $269,603 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
12,732
Multi-Family
873
Businesses
810
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Listed by: HANNAH RUKAB • NETWORTH REALTY OF JACKSONVILLE, LLC
Mls Name: realMLS
Mls ID: #2088481