3421 TARPON DriveJacksonvilleFL32277
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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 3421 TARPON Drive, Jacksonville, FL, 32277 priced at $223,250 converts $2,000/mo rent into $518/mo cash flow after a $1,093/mo obligation. Total monthly income equals $2,000/mo, and annual cash flow totals $6,218/yr on $74,007 invested. Return on cash invested prints 28.31% in year one, and rental yield reads 10.75% against a $223,250 entry. Equity gained on principal adds $1,441/yr, while 5% annual appreciation compiles into $61,680 by year five. Five-year ROI reaches 148.52% and total cumulative return in cash sums $109,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,000/mo property income covering a $1,093/mo payment, not borrower’s personal income.
Single Family
Built in 1959
7,840 sqft 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: MARK JENKS • RE/MAX SPECIALISTS
Mls Name: realMLS
Mls ID: #2098318