9622 GIBSON AvenueJacksonvilleFL32208
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 9622 GIBSON Avenue, Jacksonville, FL, 32208 in Jacksonville offers a clean, manageable entry. Rental yield 7.2%. DSCR 1.33 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $63,545 in additional property value over five years, with $2,118/yr in principal equity building ownership stake. Total projected cumulative return: $78,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $(146) | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,380 |
| Total Monthly Debt Service | $1,435 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
N/A 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
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
Single Family
Built in 1964
N/A 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: KIM MARTIN • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2125613