5646 RICKER RoadJacksonvilleFL32244
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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 5646 RICKER Road, Jacksonville, FL, 32244 offers $1,846/mo rent that, after a $1,101/mo payment, leaves $353/mo cash flow. Total monthly income is $1,846/mo, and annual cash flow is $4,237/yr on $74,588 cash. Return on cash invested measures 25.59% in year one, and rental yield stands at 9.85% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 133.95% and total cumulative return in cash reaches $99,909. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,846/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,840 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: FRANCES LITTLETON • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2120182