6635 Rippling Wave CtJacksonvilleFL32244
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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 6635 Rippling Wave Ct, Jacksonville, FL, 32244 with 5% annual appreciation on a $255,000 basis while $2,146/mo rent supports operations. Total monthly income totals $2,146/mo and a $1,248/mo payment preserves $301/mo for cash returns. Annual cash flow comes to $3,609/yr on $84,533 deployed, and return on cash invested reaches 24.18% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 10.1%. Five-year ROI measures 127.12% and total cumulative return in cash totals $107,456.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,146/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
N/A lot
$N/A/sqft
$200 annually 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: Youbel Montesino • LPT Realty, LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211345
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. Information is deemed reliable but not guaranteed.