6923 MIRAGE StreetJacksonvilleFL32244
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6923 MIRAGE Street, Jacksonville, FL, 32244 in Jacksonville deserves attention. This $280,990 property earns $3,757/mo in rent, a 16.05% gross yield, and nets $1,723/mo after the $1,264/mo payment. DSCR 2.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $77,632 compounds alongside $2,588/yr in yearly equity build, for a total cumulative return of $218,642.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.1% | 6.2% |
| Monthly Cash Flow | $1,723 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,757 |
| Total Monthly Debt Service | $1,923 |
| DSCR Ratio | 1.95x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$170 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$170 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices