205 SPRING FOREST AvenueJacksonvilleFL32216
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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 205 SPRING FOREST Avenue, Jacksonville, FL, 32216 offers $1,056/mo rent that, after a $685/mo payment, leaves $127/mo cash flow. Total monthly income is $1,056/mo, and annual cash flow is $1,528/yr on $46,377 cash. Return on cash invested measures 23.2% in year one, and rental yield stands at 9.06% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 121.18% and total cumulative return in cash reaches $56,199. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,056/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32216, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,501 (100%) |
| Owner Occupied HU | 9,101 (46.7%) |
| Renter Occupied HU | 8,864 (45.5%) |
| Vacant Housing Units | 1,536 ( 7.9%) |
| Median Home Value | $329,890 |
| Average Home Value | $364,255 |
Housing Distribution
Address Breakdown
Residential
19,382
Single Family
12,153
Multi-Family
7,229
Businesses
2,236
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Listed by: MARK MARCELLUS • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2111440