10360 ALDER CREEK LaneJacksonvilleFL32222
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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 10360 ALDER CREEK Lane, Jacksonville, FL, 32222 offers a 10.28% rental yield on a $255,000 purchase with $2,185/mo rent. Total monthly income registers $2,185/mo, and a $1,248/mo payment leaves $493/mo available for distribution. Annual cash flow reaches $5,914/yr on $84,533 to close, and return on cash invested stands at 26.91% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 140.94% and total cumulative return in cash at $119,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,185/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32222, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 5,606 (65.1%) |
| Renter Occupied HU | 2,225 (25.9%) |
| Vacant Housing Units | 774 ( 9.0%) |
| Median Home Value | $344,525 |
| Average Home Value | $365,256 |
Housing Distribution
Address Breakdown
Residential
7,640
Single Family
6,562
Multi-Family
1,078
Businesses
343
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Listed by: JASMINE MATTHEWS • REDFIN CORPORATION
Mls Name: realMLS
Mls ID: #2102510