5400 Collins Rd #61JacksonvilleFL32244
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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 5400 Collins Rd #61, Jacksonville, FL, 32244 priced at $130,000 converts $1,153/mo rent into $291/mo cash flow after a $636/mo obligation. Total monthly income equals $1,153/mo, and annual cash flow totals $3,487/yr on $43,095 invested. Return on cash invested prints 28% in year one, and rental yield reads 10.64% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 146.84% and total cumulative return in cash sums $63,279. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,153/mo property income covering a $636/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32244, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,687 (100%) |
| Owner Occupied HU | 14,863 (53.7%) |
| Renter Occupied HU | 11,246 (40.6%) |
| Vacant Housing Units | 1,578 ( 5.7%) |
| Median Home Value | $270,032 |
| Average Home Value | $294,320 |
Housing Distribution
Address Breakdown
Residential
26,480
Single Family
22,274
Multi-Family
4,206
Businesses
646
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Listed by: Noah Feagin • Four Star Homes, Inc.
Mls Name: My State MLS
Mls ID: #11331325