144 SPRING StreetJacksonvilleFL32254
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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 144 SPRING Street, Jacksonville, FL, 32254 priced at $105,000 converts $813/mo rent into $116/mo cash flow after a $514/mo obligation. Total monthly income equals $813/mo, and annual cash flow totals $1,393/yr on $34,808 invested. Return on cash invested prints 23.91% in year one, and rental yield reads 9.29% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 125.01% and total cumulative return in cash sums $43,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $813/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1963
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32254, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 2,751 (43.3%) |
| Renter Occupied HU | 2,937 (46.3%) |
| Vacant Housing Units | 661 (10.4%) |
| Median Home Value | $95,506 |
| Average Home Value | $163,904 |
Housing Distribution
Address Breakdown
Residential
5,832
Single Family
5,832
Multi-Family
0
Businesses
1,199
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Listed by: MELISSA VEAZIE • ONE REALTY CORP
Mls Name: realMLS
Mls ID: #2122206