548 AIKEN RoadJacksonvilleFL32216
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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 548 AIKEN Road, Jacksonville, FL, 32216 priced at $298,000 converts $1,846/mo rent into after a $1,459/mo obligation. Total monthly income equals $1,846/mo. Return on cash invested prints 18.31% in year one, and rental yield reads 7.43% against a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation compiles into $82,332 by year five. Five-year ROI reaches 94.82% and total cumulative return in cash sums $93,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,846/mo property income covering a $1,459/mo payment, not borrower’s personal income.
Single Family
Built in 1949
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32216, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,501 (100%) |
| Owner Occupied HU | 9,101 (46.7%) |
| Renter Occupied HU | 8,864 (45.5%) |
| Vacant Housing Units | 1,536 ( 7.9%) |
| Median Home Value | $329,890 |
| Average Home Value | $364,255 |
Housing Distribution
Address Breakdown
Residential
19,382
Single Family
12,153
Multi-Family
7,229
Businesses
2,236
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Listed by: MARIO ECHEVERRI OSPINA • ERA ONETEAM REALTY
Mls Name: realMLS
Mls ID: #2099269