3111 PURDOM DriveJacksonvilleFL32223
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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 3111 PURDOM Drive, Jacksonville, FL, 32223 with 5% annual appreciation on a $240,000 basis while $1,654/mo rent supports operations. Total monthly income totals $1,654/mo and a $1,175/mo payment preserves $12/mo for cash returns. Annual cash flow comes to $144/yr on $79,560 deployed, and return on cash invested reaches 20.09% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 8.27%. Five-year ROI measures 104.66% and total cumulative return in cash totals $83,270.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,654/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32223, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 8,566 (78.0%) |
| Renter Occupied HU | 2,020 (18.4%) |
| Vacant Housing Units | 391 ( 3.6%) |
| Median Home Value | $431,238 |
| Average Home Value | $501,000 |
Housing Distribution
Address Breakdown
Residential
11,092
Single Family
9,893
Multi-Family
1,199
Businesses
650
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Listed by: TY SANCHEZ • CENTURY 21 INTEGRA
Mls Name: realMLS
Mls Provider:
Mls ID: #2081575
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.