10938 OLD PLANK RoadJacksonvilleFL32220
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow10938 OLD PLANK Road, Jacksonville, FL, 32220 in Jacksonville is a top-tier cash-flow asset. At $400,000 it produces $4,063/mo in rent and $1,409/mo in net monthly income, a 12.19% gross rental yield. The DSCR of 2.26 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $16,905. Five-year appreciation adds $110,513, driving a total cumulative return of $243,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.2% |
| Monthly Cash Flow | $1,409 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,063 |
| Total Monthly Debt Service | $2,495 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1986
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32220, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,770 (100%) |
| Owner Occupied HU | 4,401 (76.3%) |
| Renter Occupied HU | 942 (16.3%) |
| Vacant Housing Units | 427 ( 7.4%) |
| Median Home Value | $330,965 |
| Average Home Value | $357,993 |
Housing Distribution
Address Breakdown
Residential
5,497
Single Family
5,411
Multi-Family
86
Businesses
296
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 1986
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32220, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,770 (100%) |
| Owner Occupied HU | 4,401 (76.3%) |
| Renter Occupied HU | 942 (16.3%) |
| Vacant Housing Units | 427 ( 7.4%) |
| Median Home Value | $330,965 |
| Average Home Value | $357,993 |
Housing Distribution
Address Breakdown
Residential
5,497
Single Family
5,411
Multi-Family
86
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices