6121 Collins Rd LOT 243JacksonvilleFL32244
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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 6121 Collins Rd LOT 243, Jacksonville, FL, 32244 uses $34,890 cash to close to unlock $3,044/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $952/mo, and a $515/mo payment keeps the spread at $254/mo. Purchase price stands at $105,250, and rental yield measures 10.85% with $952/mo rent. Return on cash invested shows 28.63% in year one, and 5% annual appreciation builds toward $29,079 over five years. Five-year ROI reaches 150.22% and total cumulative return in cash records $52,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $952/mo property income covering a $515/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
N/A 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: Jana Velazco • Orange Park North
Mls Name: My State MLS
Mls ID: #11360203