8962 MONROE 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 8962 MONROE Avenue, Jacksonville, FL, 32208 earns $536/mo cash flow from $1,664/mo rent with a $832/mo payment. Total monthly income totals $1,664/mo, and annual cash flow totals $6,431/yr on $56,355 capital. ROI tracks 31.32% on current figures, and rental yield reads 11.75% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 164.62% and total cumulative return in cash sums $92,769. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,664/mo property income instead of your personal income.
Single Family
Built in 1951
7,405 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: VALERIA ALEJANDRA DIAZ SEQUERA • SUNCOAST PROPERTY MANAGEMENT LLC
Mls Name: realMLS
Mls ID: #2116612