6964 CANOE BIRCH RoadJacksonvilleFL32219
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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
Rental property for sale in Jacksonville at 6964 CANOE BIRCH Road, Jacksonville, FL, 32219 priced at $397,900 converts $2,728/mo rent into $87/mo cash flow after a $1,948/mo obligation. Total monthly income equals $2,728/mo, and annual cash flow totals $1,044/yr on $131,904 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 8.23% against a $397,900 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation compiles into $109,932 by year five. Five-year ROI reaches 107.65% and total cumulative return in cash sums $142,000. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,728/mo property income covering a $1,948/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32219, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,933 (100%) |
| Owner Occupied HU | 5,211 (75.2%) |
| Renter Occupied HU | 1,229 (17.7%) |
| Vacant Housing Units | 493 ( 7.1%) |
| Median Home Value | $330,434 |
| Average Home Value | $349,917 |
Housing Distribution
Address Breakdown
Residential
6,421
Single Family
6,420
Multi-Family
1
Businesses
396
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Listed by: GAYLE K VAN WAGENEN • LGI REALTY - FLORIDA, LLC
Mls Name: realMLS
Mls ID: #2046128