292 ANNIES PlaceJacksonvilleFL32218
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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 292 ANNIES Place, Jacksonville, FL, 32218 priced at $260,000 converts $2,345/mo rent into $619/mo cash flow after a $1,273/mo obligation. Total monthly income equals $2,345/mo, and annual cash flow totals $7,430/yr on $86,190 invested. Return on cash invested prints 28.53% in year one, and rental yield reads 10.82% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 149.7% and total cumulative return in cash sums $129,029. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,345/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
2,178 sqft 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: DEMARCUS RODRIGUEZ • EXP REALTY LLC
Mls Name: realMLS
Mls ID: #2124531