913 23RD Street NJacksonville BeachFL32250
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 Beach at 913 23RD Street N, Jacksonville Beach, FL, 32250 offers a 2.56% rental yield on a $1,799,000 purchase with $3,834/mo rent. 69% in year one. Equity gained on principal adds $11,609/yr while 5% annual appreciation supports $497,031 over five years. Portfolio math shows five-year ROI at 16.34% and total cumulative return in cash at $95,253. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,834/mo property income against a $8,805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ERIC MILLER • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls ID: #2095813