3270 RICKY Drive UNIT 1403JacksonvilleFL32223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3270 RICKY Drive UNIT 1403, Jacksonville, FL, 32223 in Jacksonville speaks for itself: 19.3% gross on a $164,900 price, generating $2,652/mo in rent and $1,097/mo in net income after the $741/mo debt service. DSCR 3.58, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,164 stacks alongside $45,559 in projected five-year appreciation and $1,519/yr in principal reduction. Projected total cumulative return: $135,521.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.3% | 6.2% |
| Monthly Cash Flow | $1,097 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,652 |
| Total Monthly Debt Service | $1,489 |
| DSCR Ratio | 1.78x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
1,742 sqft lot
$N/A/sqft
$377 monthly 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
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
Condo
Built in 1985
1,742 sqft lot
$N/A/sqft
$377 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices