1971 LAKEWOOD Circle SJacksonvilleFL32207
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
Investment property for sale in Jacksonville at 1971 LAKEWOOD Circle S, Jacksonville, FL, 32207 uses $124,313 cash to close to unlock $2,698/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $2,713/mo, and a $1,835/mo payment keeps the spread at $225/mo. Purchase price stands at $375,000, and rental yield measures 8.68% with $2,713/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 115.06% and total cumulative return in cash records $143,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,713/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32207, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,101 (100%) |
| Owner Occupied HU | 8,798 (43.8%) |
| Renter Occupied HU | 9,108 (45.3%) |
| Vacant Housing Units | 2,195 (10.9%) |
| Median Home Value | $346,442 |
| Average Home Value | $442,591 |
Housing Distribution
Address Breakdown
Residential
18,150
Single Family
15,076
Multi-Family
3,074
Businesses
2,218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CLARK LABLOND • THE LEGENDS OF REAL ESTATE
Mls Name: realMLS
Mls ID: #2110329