4516 CAROLYN COVE Lane NJacksonvilleFL32258
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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 4516 CAROLYN COVE Lane N, Jacksonville, FL, 32258 offers $2,776/mo rent that, after a $1,468/mo payment, leaves $786/mo cash flow. Total monthly income is $2,776/mo, and annual cash flow is $9,426/yr on $99,450 cash. Return on cash invested measures 29.39% in year one, and rental yield stands at 11.1% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 154.28% and total cumulative return in cash reaches $153,432. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,776/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32258, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,685 (100%) |
| Owner Occupied HU | 10,818 (61.2%) |
| Renter Occupied HU | 5,661 (32.0%) |
| Vacant Housing Units | 1,206 ( 6.8%) |
| Median Home Value | $398,141 |
| Average Home Value | $420,702 |
Housing Distribution
Address Breakdown
Residential
17,179
Single Family
11,456
Multi-Family
5,723
Businesses
585
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Listed by: BLAKE ALAN KEATHLEY • EVERYSTATE INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2072505