5940 ORTEGA LAKE DriveJacksonvilleFL32244
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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 5940 ORTEGA LAKE Drive, Jacksonville, FL, 32244 earns $229/mo cash flow from $2,029/mo rent with a $1,233/mo payment. Total monthly income totals $2,029/mo, and annual cash flow totals $2,749/yr on $83,535 capital. ROI tracks 23.2% on current figures, and rental yield reads 9.66% at a $251,990 purchase. Equity gained on principal adds $1,626/yr, and 5% annual appreciation supports $69,620 over five years. Five-year ROI reaches 121.8% and total cumulative return in cash sums $101,747. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,029/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$128 monthly 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: CHARLIE ROGERS • D R HORTON REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2056368
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.