704 SHIPWATCH Drive EJacksonvilleFL32225
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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 704 SHIPWATCH Drive E, Jacksonville, FL, 32225 at $1,775,000 posts ROI 7.74% with from $6,073/mo rent. Total monthly income equals $6,073/mo. Return on cash invested measures 7.74% and rental yield reads 4.11% at the current $1,775,000. Equity gained on principal adds $11,454/yr, and 5% annual appreciation supports $490,400 by year five. Five-year ROI prints 38.35% and total cumulative return in cash totals $220,522. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,073/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.37 Acres lot
$N/A/sqft
$1,040 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32225, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,342 (100%) |
| Owner Occupied HU | 15,540 (66.6%) |
| Renter Occupied HU | 6,935 (29.7%) |
| Vacant Housing Units | 867 ( 3.7%) |
| Median Home Value | $386,319 |
| Average Home Value | $446,854 |
Housing Distribution
Address Breakdown
Residential
24,513
Single Family
18,918
Multi-Family
5,595
Businesses
1,380
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Listed by: CATHY GIDDENS • SANDCASTLE REAL ESTATE, INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2112082
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.