3824 SPRINGFIELD BoulevardJacksonvilleFL32206
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Nearby investment properties with comparable prices
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 3824 SPRINGFIELD Boulevard, Jacksonville, FL, 32206 priced at $218,000 pairs $1,882/mo rent with $435/mo cash flow after a $1,067/mo payment. Total monthly income equals $1,882/mo, and annual cash flow comes to $5,224/yr on $72,267 invested. Return on cash invested is 27.14% in year one, and rental yield stands at 10.36% on a $218,000 basis. Equity gained on principal adds $1,407/yr, and 5% annual appreciation accumulates to $60,229 by year five. Five-year ROI measures 142.25% and total cumulative return in cash reaches $102,799. For financing, Ziffy Mortgage’s DSCR program evaluates $1,882/mo property income against a $1,067/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32206, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 3,358 (35.5%) |
| Renter Occupied HU | 4,580 (48.5%) |
| Vacant Housing Units | 1,508 (16.0%) |
| Median Home Value | $158,275 |
| Average Home Value | $300,232 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
7,434
Multi-Family
675
Businesses
876
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Listed by: ARTHUR MEALER • DREAM BIG REALTY OF JAX LLC
Mls Name: realMLS
Mls ID: #2115160