462 S Jax Estates DriveJacksonvilleFL32218
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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
Investment property for sale in Jacksonville at 462 S Jax Estates Drive, Jacksonville, FL, 32218 uses $138,564 cash to close to unlock $4,932/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $3,185/mo, and a $2,046/mo payment keeps the spread at $411/mo. Purchase price stands at $417,990, and rental yield measures 9.14% with $3,185/mo rent. Return on cash invested shows 23.47% in year one, and 5% annual appreciation builds toward $115,483 over five years. Five-year ROI reaches 122.5% and total cumulative return in cash records $169,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,185/mo property income covering a $2,046/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32218, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,698 (100%) |
| Owner Occupied HU | 19,178 (60.5%) |
| Renter Occupied HU | 10,177 (32.1%) |
| Vacant Housing Units | 2,343 ( 7.4%) |
| Median Home Value | $324,304 |
| Average Home Value | $349,279 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
26,020
Multi-Family
4,047
Businesses
1,464
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Listed by: LyLy Ngo • Reliant Realty ERA Powered
Mls Name: BeachesMLS
Mls ID: #RX-11095706