11061 WANDERING OAKS Drive #01JacksonvilleFL32257
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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 11061 WANDERING OAKS Drive #01, Jacksonville, FL, 32257 offers a 12.52% rental yield on a $240,800 purchase with $2,512/mo rent. Total monthly income registers $2,512/mo, and a $1,179/mo payment leaves $739/mo available for distribution. Annual cash flow reaches $8,863/yr on $79,825 to close, and return on cash invested stands at 31.01% in year one. Equity gained on principal adds $1,554/yr while 5% annual appreciation supports $66,529 over five years. Portfolio math shows five-year ROI at 163.95% and total cumulative return in cash at $130,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,512/mo property income against a $1,179/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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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.