10231 NORMANDY COVE StreetJacksonvilleFL32221
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 10231 NORMANDY COVE Street, Jacksonville, FL, 32221 uses $78,897 cash to close to unlock $7,806/yr annual cash flow and $650/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,165/mo payment keeps the spread at $650/mo. Purchase price stands at $238,000, and rental yield measures 11.24% with $2,230/mo rent. Return on cash invested shows 29.8% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 156.51% and total cumulative return in cash records $123,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 2009
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32221, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,634 (100%) |
| Owner Occupied HU | 9,455 (69.3%) |
| Renter Occupied HU | 3,254 (23.9%) |
| Vacant Housing Units | 925 ( 6.8%) |
| Median Home Value | $343,695 |
| Average Home Value | $348,316 |
Housing Distribution
Address Breakdown
Residential
12,809
Single Family
12,275
Multi-Family
534
Businesses
379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KYLE WILLIAMS • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls ID: #2101734