11183 Mikris Drive NJacksonvilleFL32225
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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 11183 Mikris Drive N, Jacksonville, FL, 32225 uses $117,683 cash to close to unlock $3,374/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $2,647/mo, and a $1,738/mo payment keeps the spread at $281/mo. Purchase price stands at $355,000, and rental yield measures 8.95% with $2,647/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 118.88% and total cumulative return in cash records $139,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,647/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1996
6,969 sqft lot
$N/A/sqft
$115 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32225, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,342 (100%) |
| Owner Occupied HU | 15,540 (66.6%) |
| Renter Occupied HU | 6,935 (29.7%) |
| Vacant Housing Units | 867 ( 3.7%) |
| Median Home Value | $386,319 |
| Average Home Value | $446,854 |
Housing Distribution
Address Breakdown
Residential
24,513
Single Family
18,918
Multi-Family
5,595
Businesses
1,380
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Listed by: VERONICA BARBA • ERA ONETEAM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2062073
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.