16 REEDING RIDGE Drive WJacksonvilleFL32225
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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 16 REEDING RIDGE Drive W, Jacksonville, FL, 32225 offers a 10.67% rental yield on a $479,900 purchase with $4,266/mo rent. Total monthly income registers $4,266/mo, and a $2,349/mo payment leaves $1,081/mo available for distribution. Annual cash flow reaches $12,974/yr on $159,087 to close, and return on cash invested stands at 28.06% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 147.18% and total cumulative return in cash at $234,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,266/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32225, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,342 (100%) |
| Owner Occupied HU | 15,540 (66.6%) |
| Renter Occupied HU | 6,935 (29.7%) |
| Vacant Housing Units | 867 ( 3.7%) |
| Median Home Value | $386,319 |
| Average Home Value | $446,854 |
Housing Distribution
Address Breakdown
Residential
24,513
Single Family
18,918
Multi-Family
5,595
Businesses
1,380
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Listed by: ROBERT E JONES • OFFERPAD BROKERAGE FL LLC
Mls Name: realMLS
Mls ID: #2105518