3574 ALTA LAKES BoulevardJacksonvilleFL32226
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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 3574 ALTA LAKES Boulevard, Jacksonville, FL, 32226 offers $2,830/mo rent that, after a $1,610/mo payment, leaves $406/mo cash flow. Total monthly income is $2,830/mo, and annual cash flow is $4,877/yr on $109,064 cash. Return on cash invested measures 24.38% in year one, and rental yield stands at 10.32% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 128.39% and total cumulative return in cash reaches $140,025. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,830/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
8,276 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32226, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,333 (100%) |
| Owner Occupied HU | 6,958 (83.5%) |
| Renter Occupied HU | 1,068 (12.8%) |
| Vacant Housing Units | 307 ( 3.7%) |
| Median Home Value | $414,621 |
| Average Home Value | $485,640 |
Housing Distribution
Address Breakdown
Residential
8,442
Single Family
8,442
Multi-Family
0
Businesses
616
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Listed by: VICTORIA SMITH • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2078174
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.