3987 JEBB ISLAND Circle WJacksonvilleFL32224
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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 3987 JEBB ISLAND Circle W, Jacksonville, FL, 32224 priced at $985,000 converts $3,860/mo rent into after a $4,821/mo obligation. Total monthly income equals $3,860/mo. Return on cash invested prints 8.37% in year one, and rental yield reads 4.7% against a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation compiles into $272,137 by year five. Five-year ROI reaches 42.16% and total cumulative return in cash sums $136,618. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,860/mo property income covering a $4,821/mo payment, not borrower’s personal income.
Single Family
Built in 1992
10,454 sqft lot
$N/A/sqft
$784 quarterly 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: KELLY PERKINS PA • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2069112
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.