932 1ST Street N UNIT 602Jacksonville 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 932 1ST Street N UNIT 602, Jacksonville Beach, FL, 32250 listed at $1,199,000 pairs $9,761/mo rent with a $5,869/mo payment to leave $914/mo cash flow. Total monthly income runs $9,761/mo, and annual cash flow reaches $10,965/yr on $388,476 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 9.77% at a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and annual property appreciation at 5% supports $331,262 by year five. Five-year ROI tracks 121.95% and total cumulative return in cash totals $473,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,761/mo property income relative to a $5,869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
435.60 sqft lot
$N/A/sqft
$890 monthly 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: HOLLY REAVES • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls Provider:
Mls ID: #2038279
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.