3789 SPRING GARDEN CourtJacksonvilleFL32223
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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 3789 SPRING GARDEN Court, Jacksonville, FL, 32223 priced at $665,000 converts $3,734/mo rent into after a $3,255/mo obligation. Total monthly income equals $3,734/mo. Return on cash invested prints 16.33% in year one, and rental yield reads 6.74% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 84.23% and total cumulative return in cash sums $184,291. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,734/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 2023
8,712 sqft 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: THOMAS LOVE • BELLE EPOQUE REALTY SERVICES LLC
Mls Name: realMLS
Mls ID: #2109545