916 24TH Street WJacksonvilleFL32209
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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 916 24TH Street W, Jacksonville, FL, 32209 earns $513/mo cash flow from $1,565/mo rent with a $776/mo payment. Total monthly income totals $1,565/mo, and annual cash flow totals $6,155/yr on $52,543 capital. ROI tracks 31.62% on current figures, and rental yield reads 11.85% at a $158,500 purchase. Equity gained on principal adds $1,023/yr, and 5% annual appreciation supports $43,791 over five years. Five-year ROI reaches 166.24% and total cumulative return in cash sums $87,347. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,565/mo property income instead of your personal income.
Single Family
Built in 2005
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32209, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,440 (100%) |
| Owner Occupied HU | 6,709 (40.8%) |
| Renter Occupied HU | 7,453 (45.3%) |
| Vacant Housing Units | 2,278 (13.9%) |
| Median Home Value | $86,153 |
| Average Home Value | $254,357 |
Housing Distribution
Address Breakdown
Residential
14,781
Single Family
13,909
Multi-Family
872
Businesses
765
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Listed by: ALEXANDRIA CHIASSON • REAL BROKER LLC
Mls Name: realMLS
Mls ID: #2111101