6508 COLGATE RoadJacksonvilleFL32217
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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 6508 COLGATE Road, Jacksonville, FL, 32217 earns $328/mo cash flow from $2,584/mo rent with a $1,664/mo payment. Total monthly income totals $2,584/mo, and annual cash flow totals $3,936/yr on $112,677 capital. ROI tracks 23.4% on current figures, and rental yield reads 9.12% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 122.2% and total cumulative return in cash sums $137,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,584/mo property income instead of your personal income.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32217, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,419 (100%) |
| Owner Occupied HU | 5,237 (55.6%) |
| Renter Occupied HU | 3,508 (37.2%) |
| Vacant Housing Units | 674 ( 7.2%) |
| Median Home Value | $410,650 |
| Average Home Value | $493,461 |
Housing Distribution
Address Breakdown
Residential
9,190
Single Family
6,961
Multi-Family
2,229
Businesses
870
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Listed by: ROBERT E JONES • OFFERPAD BROKERAGE FL LLC
Mls Name: realMLS
Mls ID: #2106830