3518 MARSH COVE DriveJacksonvilleFL32224
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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 3518 MARSH COVE Drive, Jacksonville, FL, 32224 listed at $417,500 pairs $2,424/mo rent with a $2,043/mo payment. Total monthly income runs $2,424/mo. Return on cash invested measures 16.91% in year one, and rental yield registers 6.97% at a $417,500 basis. Equity gained on principal adds $2,694/yr, and annual property appreciation at 5% supports $115,348 by year five. Five-year ROI tracks 87.34% and total cumulative return in cash totals $120,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,424/mo property income relative to a $2,043/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32224, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,258 (100%) |
| Owner Occupied HU | 9,948 (51.7%) |
| Renter Occupied HU | 8,089 (42.0%) |
| Vacant Housing Units | 1,221 ( 6.3%) |
| Median Home Value | $472,373 |
| Average Home Value | $530,588 |
Housing Distribution
Address Breakdown
Residential
19,257
Single Family
11,083
Multi-Family
8,174
Businesses
687
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Listed by: DUNIA TAYLOR • REMI REALTY, LLC
Mls Name: realMLS
Mls ID: #2117064