12340 Old Kings RdJacksonvilleFL32219
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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 12340 Old Kings Rd, Jacksonville, FL, 32219 priced at $220,000 converts $1,752/mo rent into $269/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,752/mo, and annual cash flow totals $3,225/yr on $72,930 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 9.56% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 127.27% and total cumulative return in cash sums $92,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,752/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Manufactured
Built in 2000
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32219, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,933 (100%) |
| Owner Occupied HU | 5,211 (75.2%) |
| Renter Occupied HU | 1,229 (17.7%) |
| Vacant Housing Units | 493 ( 7.1%) |
| Median Home Value | $330,434 |
| Average Home Value | $349,917 |
Housing Distribution
Address Breakdown
Residential
6,421
Single Family
6,420
Multi-Family
1
Businesses
396
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Listed by: Ariel Marinel • SUMMER HOUSE REALTY
Mls Name: AINCAR
Mls Provider:
Mls ID: #109267
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. Information is deemed reliable but not guaranteed.