2626 LEONID RoadJacksonvilleFL32218
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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 2626 LEONID Road, Jacksonville, FL, 32218 generates $2,020/mo in rent and, after a $1,121/mo payment, leaves $500/mo in cash flow. Total monthly income is $2,020/mo, and annual cash flow is $6,002/yr on $75,914 invested. Return on cash invested sits at 27.82% in year one, and rental yield is 10.59% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 145.89% and total cumulative return in cash sums $110,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32218, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,698 (100%) |
| Owner Occupied HU | 19,178 (60.5%) |
| Renter Occupied HU | 10,177 (32.1%) |
| Vacant Housing Units | 2,343 ( 7.4%) |
| Median Home Value | $324,304 |
| Average Home Value | $349,279 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
26,020
Multi-Family
4,047
Businesses
1,464
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Listed by: KERI CARPENTER • REAL BROKER LLC
Mls Name: realMLS
Mls ID: #2098753