2230 FOREST HILLS RoadJacksonvilleFL32208
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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 2230 FOREST HILLS Road, Jacksonville, FL, 32208 uses $47,239 cash to close to unlock $14,494/yr annual cash flow and $1,208/mo monthly cash flow. Total monthly income runs $2,153/mo, and a $697/mo payment keeps the spread at $1,208/mo. Purchase price stands at $142,500, and rental yield measures 18.13% with $2,153/mo rent. Return on cash invested shows 50.59% in year one, and 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 267.96% and total cumulative return in cash records $126,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $697/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32208, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,628 (100%) |
| Owner Occupied HU | 7,440 (50.9%) |
| Renter Occupied HU | 5,911 (40.4%) |
| Vacant Housing Units | 1,277 ( 8.7%) |
| Median Home Value | $157,957 |
| Average Home Value | $269,603 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
12,732
Multi-Family
873
Businesses
810
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Listed by: WILLIAM E RAMOS • INTEGRITY KEY REALTY LLC
Mls Name: realMLS
Mls ID: #2104296