11699 MARSH ELDER DriveJacksonvilleFL32226
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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
Rental property for sale in Jacksonville at 11699 MARSH ELDER Drive, Jacksonville, FL, 32226 priced at $334,000 converts $3,593/mo rent into $1,219/mo cash flow after a $1,635/mo obligation. Total monthly income equals $3,593/mo, and annual cash flow totals $14,631/yr on $110,721 invested. Return on cash invested prints 33.12% in year one, and rental yield reads 12.91% against a $334,000 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation compiles into $92,278 by year five. Five-year ROI reaches 174.94% and total cumulative return in cash sums $193,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,593/mo property income covering a $1,635/mo payment, not borrower’s personal income.
Single Family
Built in 2002
9,147 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32226, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,333 (100%) |
| Owner Occupied HU | 6,958 (83.5%) |
| Renter Occupied HU | 1,068 (12.8%) |
| Vacant Housing Units | 307 ( 3.7%) |
| Median Home Value | $414,621 |
| Average Home Value | $485,640 |
Housing Distribution
Address Breakdown
Residential
8,442
Single Family
8,442
Multi-Family
0
Businesses
616
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Listed by: ALLISON JOHNSTON • OPENDOOR BROKERAGE, LLC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2034116
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.