11061 WANDERING OAKS Drive #01JacksonvilleFL32257
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11061 WANDERING OAKS Drive #01, Jacksonville, FL, 32257 in Jacksonville deserves attention. This $240,800 property earns $2,512/mo in rent, a 12.52% gross yield, and nets $739/mo after the $1,083/mo payment. DSCR 2.32 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $66,529 compounds alongside $2,218/yr in yearly equity build, for a total cumulative return of $140,104.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.2% |
| Monthly Cash Flow | $739 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,512 |
| Total Monthly Debt Service | $1,677 |
| DSCR Ratio | 1.50x |
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.
Townhouse
Built in 1985
5,662 sqft lot
$N/A/sqft
$525 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32257, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 10,887 (58.8%) |
| Renter Occupied HU | 6,731 (36.4%) |
| Vacant Housing Units | 896 ( 4.8%) |
| Median Home Value | $361,351 |
| Average Home Value | $408,813 |
Housing Distribution
Address Breakdown
Residential
17,957
Single Family
13,684
Multi-Family
4,273
Businesses
1,422
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
Townhouse
Built in 1985
5,662 sqft lot
$N/A/sqft
$525 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32257, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 10,887 (58.8%) |
| Renter Occupied HU | 6,731 (36.4%) |
| Vacant Housing Units | 896 ( 4.8%) |
| Median Home Value | $361,351 |
| Average Home Value | $408,813 |
Housing Distribution
Address Breakdown
Residential
17,957
Single Family
13,684
Multi-Family
4,273
Businesses
1,422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHAD NEUMANN • CHAD AND SANDY REAL ESTATE GROUP
Mls Name: realMLS
Mls Provider:
Mls ID: #2102584
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.