6997 RED TIMBER RoadJacksonvilleFL32244
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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 6997 RED TIMBER Road, Jacksonville, FL, 32244 earns $114/mo cash flow from $2,436/mo rent with a $1,713/mo payment. Total monthly income totals $2,436/mo, and annual cash flow totals $1,363/yr on $115,992 capital. ROI tracks 21.08% on current figures, and rental yield reads 8.35% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 109.74% and total cumulative return in cash sums $127,290. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,436/mo property income instead of your personal income.
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
No 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: JUSTIN HAHN • VREELAND REAL ESTATE LLC
Mls Name: realMLS
Mls ID: #2110786