2103 INDIAN SPRINGS DriveJacksonvilleFL32246
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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 2103 INDIAN SPRINGS Drive, Jacksonville, FL, 32246 generates $4,044/mo in rent and, after a $2,203/mo payment, leaves $1,057/mo in cash flow. Total monthly income is $4,044/mo, and annual cash flow is $12,687/yr on $149,175 invested. Return on cash invested sits at 28.41% in year one, and rental yield is 10.78% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 149.06% and total cumulative return in cash sums $222,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32246, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,240 (100%) |
| Owner Occupied HU | 13,631 (50.0%) |
| Renter Occupied HU | 11,522 (42.3%) |
| Vacant Housing Units | 2,087 ( 7.7%) |
| Median Home Value | $362,760 |
| Average Home Value | $403,295 |
Housing Distribution
Address Breakdown
Residential
25,306
Single Family
18,270
Multi-Family
7,036
Businesses
1,213
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Listed by: PATTY G JONES • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2097553