6978 ST IVES CourtJacksonvilleFL32244
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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 6978 ST IVES Court, Jacksonville, FL, 32244 listed at $225,000 pairs $2,129/mo rent with a $1,101/mo payment to leave $425/mo cash flow. Total monthly income runs $2,129/mo, and annual cash flow reaches $5,101/yr on $74,588 cash to close. Return on cash invested measures 26.75% in year one, and rental yield registers 11.35% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 141.4% and total cumulative return in cash totals $105,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,129/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2017
1,742 sqft lot
$N/A/sqft
$211 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: TRINA LOLITA SALTER BENN • NEIGHBORHOOD ASST CORP OF AMER
Mls Name: realMLS
Mls Provider:
Mls ID: #2084351
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.