10947 OLD GAINESVILLE RoadJacksonvilleFL32221
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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 10947 OLD GAINESVILLE Road, Jacksonville, FL, 32221 uses $72,897 cash to close to unlock $7,284/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $2,066/mo, and a $1,076/mo payment keeps the spread at $607/mo. Purchase price stands at $219,900, and rental yield measures 11.27% with $2,066/mo rent. Return on cash invested shows 29.9% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 157.08% and total cumulative return in cash records $114,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,066/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
0.34 Acres 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
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Listed by: MORGAN KLEIN • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2128998