5918 COVERED CREEK LaneJacksonvilleFL32277
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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 5918 COVERED CREEK Lane, Jacksonville, FL, 32277 offers a 11.57% rental yield on a $430,000 purchase with $4,146/mo rent. Total monthly income registers $4,146/mo, and a $2,105/mo payment leaves $1,275/mo available for distribution. Annual cash flow reaches $15,305/yr on $142,545 to close, and return on cash invested stands at 30.65% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 161.07% and total cumulative return in cash at $229,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,146/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
9,583 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32277, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,898 (100%) |
| Owner Occupied HU | 6,793 (52.7%) |
| Renter Occupied HU | 5,299 (41.1%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $309,038 |
| Average Home Value | $390,332 |
Housing Distribution
Address Breakdown
Residential
12,973
Single Family
11,915
Multi-Family
1,058
Businesses
295
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Listed by: ED PENNINGTON • BOARDWALK REALTY ASSOCIATES LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2041639
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.