2377 COOL SPRINGS Drive NJacksonvilleFL32246
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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 2377 COOL SPRINGS Drive N, Jacksonville, FL, 32246 priced at $469,900 converts $3,173/mo rent into $25/mo cash flow after a $2,300/mo obligation. Total monthly income equals $3,173/mo, and annual cash flow totals $302/yr on $155,772 invested. Return on cash invested prints 20.1% in year one, and rental yield reads 8.1% against a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation compiles into $129,825 by year five. Five-year ROI reaches 104.57% and total cumulative return in cash sums $162,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,173/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,276 sqft lot
$N/A/sqft
$353 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
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Listed by: CHAD NEUMANN • CHAD AND SANDY REAL ESTATE GROUP
Mls Name: realMLS
Mls Provider:
Mls ID: #2077609
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.