1641 SPRING OAKS Lane WJacksonvilleFL32221
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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 1641 SPRING OAKS Lane W, Jacksonville, FL, 32221 listed at $335,000 pairs $2,417/mo rent with a $1,640/mo payment to leave $194/mo cash flow. Total monthly income runs $2,417/mo, and annual cash flow reaches $2,322/yr on $111,053 cash to close. Return on cash invested measures 22% in year one, and rental yield registers 8.66% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 114.67% and total cumulative return in cash totals $127,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,417/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32221, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,634 (100%) |
| Owner Occupied HU | 9,455 (69.3%) |
| Renter Occupied HU | 3,254 (23.9%) |
| Vacant Housing Units | 925 ( 6.8%) |
| Median Home Value | $343,695 |
| Average Home Value | $348,316 |
Housing Distribution
Address Breakdown
Residential
12,809
Single Family
12,275
Multi-Family
534
Businesses
379
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Listed by: SAMIR KRAZIEM • KRAZIEM INTERNATIONAL REALTY, LLC
Mls Name: realMLS
Mls ID: #2120653