1374 BISCAYNE GROVE LaneJacksonvilleFL32218
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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 1374 BISCAYNE GROVE Lane, Jacksonville, FL, 32218 offers a 9.06% rental yield on a $290,500 purchase with $2,194/mo rent. Total monthly income registers $2,194/mo, and a $1,422/mo payment leaves $266/mo available for distribution. Annual cash flow reaches $3,193/yr on $96,301 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $1,875/yr while 5% annual appreciation supports $80,260 over five years. Portfolio math shows five-year ROI at 121.26% and total cumulative return in cash at $116,777. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,194/mo property income against a $1,422/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32218, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,698 (100%) |
| Owner Occupied HU | 19,178 (60.5%) |
| Renter Occupied HU | 10,177 (32.1%) |
| Vacant Housing Units | 2,343 ( 7.4%) |
| Median Home Value | $324,304 |
| Average Home Value | $349,279 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
26,020
Multi-Family
4,047
Businesses
1,464
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Listed by: VANETTA JORDAN • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2114416