3525 MELCON FARMS WayJacksonvilleFL32223
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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 3525 MELCON FARMS Way, Jacksonville, FL, 32223 uses $226,977 cash to close to unlock $737/yr annual cash flow and $61/mo monthly cash flow. Total monthly income runs $4,640/mo, and a $3,377/mo payment keeps the spread at $61/mo. Purchase price stands at $689,900, and rental yield measures 8.07% with $4,640/mo rent. Return on cash invested shows 20.38% in year one, and 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 105.95% and total cumulative return in cash records $240,493. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,640/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.25 Acres 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: Whitney Spinks • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls ID: #2097406