11548 E Ride DrJacksonvilleFL32223
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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
Rental property for sale in Jacksonville at 11548 E Ride Dr, Jacksonville, FL, 32223 generates $2,299/mo in rent and, after a $1,512/mo payment, leaves $89/mo in cash flow. Total monthly income is $2,299/mo, and annual cash flow is $1,064/yr on $102,434 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 8.93% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 109.68% and total cumulative return in cash sums $112,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,299/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32223, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 8,566 (78.0%) |
| Renter Occupied HU | 2,020 (18.4%) |
| Vacant Housing Units | 391 ( 3.6%) |
| Median Home Value | $431,238 |
| Average Home Value | $501,000 |
Housing Distribution
Address Breakdown
Residential
11,092
Single Family
9,893
Multi-Family
1,199
Businesses
650
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