1134 Carthage DrJacksonvilleFL32218
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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 1134 Carthage Dr, Jacksonville, FL, 32218 uses $69,582 cash to close to unlock $4,613/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,777/mo, and a $1,027/mo payment keeps the spread at $384/mo. Purchase price stands at $209,900, and rental yield measures 10.16% with $1,777/mo rent. Return on cash invested shows 26.54% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 139.01% and total cumulative return in cash records $96,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,777/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32218, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,698 (100%) |
| Owner Occupied HU | 19,178 (60.5%) |
| Renter Occupied HU | 10,177 (32.1%) |
| Vacant Housing Units | 2,343 ( 7.4%) |
| Median Home Value | $324,304 |
| Average Home Value | $349,279 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
26,020
Multi-Family
4,047
Businesses
1,464
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Listed by: Melissa Ricks • KELLER WILLIAMS REALTY / FB OFFICE
Mls Name: AINCAR
Mls ID: #113647