12301 KERNAN FOREST Boulevard #1702JacksonvilleFL32225
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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 12301 KERNAN FOREST Boulevard #1702, Jacksonville, FL, 32225 earns $668/mo cash flow from $2,321/mo rent with a $1,219/mo payment. Total monthly income totals $2,321/mo, and annual cash flow totals $8,020/yr on $82,544 capital. ROI tracks 29.63% on current figures, and rental yield reads 11.19% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 155.55% and total cumulative return in cash sums $128,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,321/mo property income instead of your personal income.
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
No 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: DARLENE HEGGESTAD, LLC. • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2110647