2399 REESE WayJacksonvilleFL32246
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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 2399 REESE Way, Jacksonville, FL, 32246 earns $219/mo cash flow from $3,770/mo rent with a $2,619/mo payment. Total monthly income totals $3,770/mo, and annual cash flow totals $2,631/yr on $176,015 capital. ROI tracks 21.55% on current figures, and rental yield reads 8.46% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 112.25% and total cumulative return in cash sums $197,572. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,770/mo property income instead of your personal income.
Single Family
Built in 2018
6,098 sqft lot
$N/A/sqft
No 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: JANINE BASFORD • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2102439