9606 DEVONSHIRE BoulevardJacksonvilleFL32208
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 at 9606 DEVONSHIRE Boulevard, Jacksonville, FL, 32208 uses $56,222 cash to close to unlock $2,611/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $1,343/mo, and a $830/mo payment keeps the spread at $218/mo. Purchase price stands at $169,600, and rental yield measures 9.5% with $1,343/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $46,857 over five years. Five-year ROI reaches 128.37% and total cumulative return in cash records $72,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,343/mo property income covering a $830/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ANDREA BUTCHER • REALHOME SERVICES AND SOLUTIONS INC
Mls Name: realMLS
Mls ID: #2111145