14110 DRAKES POINT DriveJacksonvilleFL32224
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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 14110 DRAKES POINT Drive, Jacksonville, FL, 32224 offers a 8.35% rental yield on a $420,000 purchase with $2,921/mo rent. Total monthly income registers $2,921/mo, and a $2,056/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,602/yr on $139,230 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 109.61% and total cumulative return in cash at $152,611. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,921/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32224, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,258 (100%) |
| Owner Occupied HU | 9,948 (51.7%) |
| Renter Occupied HU | 8,089 (42.0%) |
| Vacant Housing Units | 1,221 ( 6.3%) |
| Median Home Value | $472,373 |
| Average Home Value | $530,588 |
Housing Distribution
Address Breakdown
Residential
19,257
Single Family
11,083
Multi-Family
8,174
Businesses
687
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Listed by: MELYNDA ZIEMANN • KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Mls Name: realMLS
Mls ID: #2085181