3390 MILLCREST PlaceJacksonvilleFL32277
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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 3390 MILLCREST Place, Jacksonville, FL, 32277 generates $2,317/mo in rent and, after a $1,493/mo payment, leaves $293/mo in cash flow. Total monthly income is $2,317/mo, and annual cash flow is $3,513/yr on $101,108 invested. Return on cash invested sits at 23.38% in year one, and rental yield is 9.12% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 122.07% and total cumulative return in cash sums $123,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,317/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32277, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,898 (100%) |
| Owner Occupied HU | 6,793 (52.7%) |
| Renter Occupied HU | 5,299 (41.1%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $309,038 |
| Average Home Value | $390,332 |
Housing Distribution
Address Breakdown
Residential
12,973
Single Family
11,915
Multi-Family
1,058
Businesses
295
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Listed by: JENNIFER PETERS • REAL BROKER LLC
Mls Name: realMLS
Mls ID: #2114429