12965 OLD PLANK RoadJacksonvilleFL32220
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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 12965 OLD PLANK Road, Jacksonville, FL, 32220 generates $2,196/mo in rent, after a $3,084/mo payment. Total monthly income is $2,196/mo. Return on cash invested sits at 8.57% in year one, and rental yield is 4.18% on a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 42.58% and total cumulative return in cash sums $88,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,196/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
19.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32220, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,770 (100%) |
| Owner Occupied HU | 4,401 (76.3%) |
| Renter Occupied HU | 942 (16.3%) |
| Vacant Housing Units | 427 ( 7.4%) |
| Median Home Value | $330,965 |
| Average Home Value | $357,993 |
Housing Distribution
Address Breakdown
Residential
5,497
Single Family
5,411
Multi-Family
86
Businesses
296
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Listed by: WENJIE ZHANG • PREMIER HOMES REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2058875
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.