11537 MONTEGO BAY Drive WJacksonvilleFL32218
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
Investment Highlights
Investment property for sale in Jacksonville at 11537 MONTEGO BAY Drive W, Jacksonville, FL, 32218 earns $184/mo cash flow from $1,179/mo rent with a $734/mo payment. Total monthly income totals $1,179/mo, and annual cash flow totals $2,205/yr on $49,725 capital. ROI tracks 24.34% on current figures, and rental yield reads 9.43% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 127.22% and total cumulative return in cash sums $63,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,179/mo property income instead of your personal income.
Single Family
Built in 1977
0.39 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VICKI HEMINGWAY • ERA ONETEAM REALTY
Mls Name: realMLS
Mls ID: #2115057