2348 SHERRINGTON StreetJacksonvilleFL32209
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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 2348 SHERRINGTON Street, Jacksonville, FL, 32209 uses $46,410 cash to close to unlock $8,218/yr annual cash flow and $685/mo monthly cash flow. Total monthly income runs $1,648/mo, and a $685/mo payment keeps the spread at $685/mo. Purchase price stands at $140,000, and rental yield measures 14.13% with $1,648/mo rent. Return on cash invested shows 37.62% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 198.7% and total cumulative return in cash records $92,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1976
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32209, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,440 (100%) |
| Owner Occupied HU | 6,709 (40.8%) |
| Renter Occupied HU | 7,453 (45.3%) |
| Vacant Housing Units | 2,278 (13.9%) |
| Median Home Value | $86,153 |
| Average Home Value | $254,357 |
Housing Distribution
Address Breakdown
Residential
14,781
Single Family
13,909
Multi-Family
872
Businesses
765
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Listed by: HANNAH RUKAB • NETWORTH REALTY OF JACKSONVILLE, LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2106333
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.