10961 BURNT MILL Road UNIT 1617JacksonvilleFL32256
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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
Rental property for sale in Jacksonville at 10961 BURNT MILL Road UNIT 1617, Jacksonville, FL, 32256 generates $3,396/mo in rent and, after a $1,295/mo payment, leaves $1,209/mo in cash flow. Total monthly income is $3,396/mo, and annual cash flow is $14,512/yr on $87,682 invested. Return on cash invested sits at 36.46% in year one, and rental yield is 15.41% on a $264,500 entry. Equity gained on principal adds $1,707/yr, while 5% annual appreciation builds toward $73,076 over five years. Five-year ROI reaches 194.36% and total cumulative return in cash sums $170,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,396/mo property income rather than buyer’s personal income.
Condo
Built in 2001
871.20 sqft lot
$N/A/sqft
$431 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32256, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,680 (100%) |
| Owner Occupied HU | 13,224 (36.1%) |
| Renter Occupied HU | 19,089 (52.0%) |
| Vacant Housing Units | 4,367 (11.9%) |
| Median Home Value | $447,321 |
| Average Home Value | $490,485 |
Housing Distribution
Address Breakdown
Residential
32,269
Single Family
16,175
Multi-Family
16,094
Businesses
2,805
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Listed by: Jessica Pettry • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2043367
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.