5509 PLAYA WayJacksonvilleFL32211
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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 5509 PLAYA Way, Jacksonville, FL, 32211 priced at $399,900 converts $4,591/mo rent into $1,781/mo cash flow after a $1,957/mo obligation. Total monthly income equals $4,591/mo, and annual cash flow totals $21,371/yr on $132,567 invested. Return on cash invested prints 36.03% in year one, and rental yield reads 13.78% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 190.38% and total cumulative return in cash sums $252,380. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,591/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Multi Family
Built in 1965
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32211, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,966 (100%) |
| Owner Occupied HU | 7,394 (46.3%) |
| Renter Occupied HU | 7,213 (45.2%) |
| Vacant Housing Units | 1,359 ( 8.5%) |
| Median Home Value | $244,330 |
| Average Home Value | $327,935 |
Housing Distribution
Address Breakdown
Residential
14,582
Single Family
12,729
Multi-Family
1,853
Businesses
1,022
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Listed by: TIMOTHY WILLIAMS • RED OAK INVESTMENT REALTY, LLC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2016016
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.