8740 6TH AvenueJacksonvilleFL32208
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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 8740 6TH Avenue, Jacksonville, FL, 32208 generates $868/mo in rent and, after a $563/mo payment, leaves $105/mo in cash flow. Total monthly income is $868/mo, and annual cash flow is $1,257/yr on $38,123 invested. Return on cash invested sits at 23.21% in year one, and rental yield is 9.06% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 121.12% and total cumulative return in cash sums $46,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $868/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
5,227 sqft 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: ANTONIO SPENCE • MOMENTUM REALTY
Mls Name: realMLS
Mls ID: #2099538