2823 WATER VIEW CircleJacksonvilleFL32226
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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 2823 WATER VIEW Circle, Jacksonville, FL, 32226 generates $2,263/mo in rent and, after a $1,512/mo payment, leaves $213/mo in cash flow. Total monthly income is $2,263/mo, and annual cash flow is $2,554/yr on $102,434 invested. Return on cash invested sits at 22.4% in year one, and rental yield is 8.79% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 116.79% and total cumulative return in cash sums $119,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,263/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32226, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,333 (100%) |
| Owner Occupied HU | 6,958 (83.5%) |
| Renter Occupied HU | 1,068 (12.8%) |
| Vacant Housing Units | 307 ( 3.7%) |
| Median Home Value | $414,621 |
| Average Home Value | $485,640 |
Housing Distribution
Address Breakdown
Residential
8,442
Single Family
8,442
Multi-Family
0
Businesses
616
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Listed by: ANDREA SMELY • RE/MAX SPECIALISTS PV
Mls Name: realMLS
Mls ID: #2104541