5587 GREATPINE Lane SJacksonvilleFL32244
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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 5587 GREATPINE Lane S, Jacksonville, FL, 32244 offers a 11.78% rental yield on a $189,000 purchase with $1,855/mo rent. Total monthly income registers $1,855/mo, and a $925/mo payment leaves $601/mo available for distribution. Annual cash flow reaches $7,210/yr on $62,654 to close, and return on cash invested stands at 31.42% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 165.15% and total cumulative return in cash at $103,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,855/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1991
4,356 sqft 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: JESSICA SWEARINGEN • PONTE VEDRA CLUB REALTY, INC.
Mls Name: realMLS
Mls ID: #2099917