15690 SEARS RoadJacksonvilleFL32218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15690 SEARS Road, Jacksonville, FL, 32218 generates $1,440/mo in rent, after a $1,101/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 19.06% in year one, and rental yield is 7.68% on a $224,973 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,156 over five years. Five-year ROI reaches 98.92% and total cumulative return in cash sums $73,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Manufactured
Built in 1982
1.47 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JULIA FASBENDER-SISK • CONTINENTAL REALTY OF JAX, INC
Mls Name: realMLS
Mls ID: #2121904