6245 MERRILL RoadJacksonvilleFL32277
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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 6245 MERRILL Road, Jacksonville, FL, 32277 earns $201/mo cash flow from $1,635/mo rent with a $974/mo payment. Total monthly income totals $1,635/mo, and annual cash flow totals $2,418/yr on $65,969 capital. ROI tracks 23.57% on current figures, and rental yield reads 9.86% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 123.85% and total cumulative return in cash sums $81,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,635/mo property income instead of your personal income.
Single Family
Built in 1956
0.26 Acres lot
$N/A/sqft
No 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: EDWARD B SALEM • LINWARD REALTY, LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2082065
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.