3177 LORETTO RoadJacksonvilleFL32223
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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 3177 LORETTO Road, Jacksonville, FL, 32223 uses $99,450 cash to close to unlock $1,974/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $2,155/mo, and a $1,468/mo payment keeps the spread at $165/mo. Purchase price stands at $300,000, and rental yield measures 8.62% with $2,155/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 114.08% and total cumulative return in cash records $113,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,155/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1961
10,018 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: TAMARA HEMPHILL • KELLER WILLIAMS JACKSONVILLE
Mls Name: realMLS
Mls ID: #2121561