2103 WOOD HILL DriveJacksonvilleFL32256
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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 WOOD HILL Drive, Jacksonville, FL, 32256 priced at $199,990 converts $1,890/mo rent into $223/mo cash flow after a $979/mo obligation. Total monthly income equals $1,890/mo, and annual cash flow totals $2,672/yr on $66,297 invested. Return on cash invested prints 23.94% in year one, and rental yield reads 11.34% against a $199,990 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,254 by year five. Five-year ROI reaches 127.29% and total cumulative return in cash sums $84,389. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $979/mo payment, not borrower’s personal income.
Condo
Built in 1984
1,742 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32256, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,680 (100%) |
| Owner Occupied HU | 13,224 (36.1%) |
| Renter Occupied HU | 19,089 (52.0%) |
| Vacant Housing Units | 4,367 (11.9%) |
| Median Home Value | $447,321 |
| Average Home Value | $490,485 |
Housing Distribution
Address Breakdown
Residential
32,269
Single Family
16,175
Multi-Family
16,094
Businesses
2,805
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Listed by: ROBERT PETROCELLI • PETRO GROUP REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2067755
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.