6616 LA MIRADA Drive E UNIT 8JacksonvilleFL32217
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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 6616 LA MIRADA Drive E UNIT 8, Jacksonville, FL, 32217 listed at $115,000 pairs $1,634/mo rent with a $563/mo payment to leave $263/mo cash flow. Total monthly income runs $1,634/mo, and annual cash flow reaches $3,153/yr on $38,123 cash to close. Return on cash invested measures 28.18% in year one, and rental yield registers 17.05% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 154.74% and total cumulative return in cash totals $58,989. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,634/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
435.60 sqft lot
$N/A/sqft
$541 monthly 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: MARC EL HASSAN • SPECTRUM REALTY SERVICES
Mls Name: realMLS
Mls Provider:
Mls ID: #2038535
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.