1216 RADIS PlaceJacksonvilleFL32225
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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 1216 RADIS Place, Jacksonville, FL, 32225 offers $2,013/mo rent that, after a $1,566/mo payment. Total monthly income is $2,013/mo. Return on cash invested measures 17.24% in year one, and rental yield stands at 7.55% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 89.66% and total cumulative return in cash reaches $95,084. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,013/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1988
3,920 sqft lot
$N/A/sqft
$181 semi-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: MIKE CARTER • ASSIST2SELL BUYERS & SELLERS REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2079321
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.