3163 LANNIE RoadJacksonvilleFL32218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3163 LANNIE Road, Jacksonville, FL, 32218 uses $74,588 cash to close to unlock $313/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $1,519/mo, and a $1,101/mo payment keeps the spread at $26/mo. Purchase price stands at $225,000, and rental yield measures 8.1% with $1,519/mo rent. Return on cash invested shows 20.33% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 105.73% and total cumulative return in cash records $78,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,519/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
3.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RANDALL WIGGINS • NUVIEW REALTY
Mls Name: realMLS
Mls ID: #2115228