2338 INDIAN SPRINGS DriveJacksonvilleFL32246
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 2338 INDIAN SPRINGS Drive, Jacksonville, FL, 32246 at $448,000 posts ROI 25.94% with $747/mo cash flow from $3,768/mo rent. Total monthly income equals $3,768/mo, and annual cash flow records $8,960/yr on $148,512 to close. Return on cash invested measures 25.94% and rental yield reads 10.09% at the current $448,000. Equity gained on principal adds $2,891/yr, and 5% annual appreciation supports $123,774 by year five. Five-year ROI prints 135.93% and total cumulative return in cash totals $201,866.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,768/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
5,662 sqft lot
$N/A/sqft
$380 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SARAH HELFER • CASTILLO REAL ESTATE JAX
Mls Name: realMLS
Mls Provider:
Mls ID: #2037655
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.