6915 ORTEGA WOODS Drive UNIT 3-9JacksonvilleFL32244
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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 6915 ORTEGA WOODS Drive UNIT 3-9, Jacksonville, FL, 32244 offers a 12.47% rental yield on a $165,000 purchase with $1,715/mo rent. Total monthly income registers $1,715/mo, and a $808/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,030/yr on $54,698 to close, and return on cash invested stands at 25.45% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 136.09% and total cumulative return in cash at $74,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,715/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2009
N/A lot
$N/A/sqft
$300 monthly 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: MELISSA PARKS • 7 STAR REALTY, INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2051718
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.