2574 SPRING LAKE Road WJacksonvilleFL32210
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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 2574 SPRING LAKE Road W, Jacksonville, FL, 32210 generates $2,144/mo in rent and, after a $1,218/mo payment, leaves $400/mo in cash flow. Total monthly income is $2,144/mo, and annual cash flow is $4,805/yr on $82,510 invested. Return on cash invested sits at 25.73% in year one, and rental yield is 10.34% on a $248,900 entry. Equity gained on principal adds $1,606/yr, while 5% annual appreciation builds toward $68,766 over five years. Five-year ROI reaches 135.17% and total cumulative return in cash sums $111,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,144/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32210, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,079 (100%) |
| Owner Occupied HU | 14,620 (52.1%) |
| Renter Occupied HU | 11,233 (40.0%) |
| Vacant Housing Units | 2,226 ( 7.9%) |
| Median Home Value | $277,331 |
| Average Home Value | $365,520 |
Housing Distribution
Address Breakdown
Residential
28,002
Single Family
25,146
Multi-Family
2,856
Businesses
1,653
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Listed by: MARIA FERNANDA CHAVEZ • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls Provider:
Mls ID: #2028736
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.