8748 3RD 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
Investment property for sale in Jacksonville at 8748 3RD Avenue, Jacksonville, FL, 32208 offers a 9.03% rental yield on a $139,000 purchase with $1,046/mo rent. Total monthly income registers $1,046/mo, and a $680/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,487/yr on $46,079 to close, and return on cash invested stands at 23.14% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 120.75% and total cumulative return in cash at $55,640. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,046/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
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: CHLOE CORRINE GOBLE • MAXREV, LLC
Mls Name: realMLS
Mls ID: #2106418