706 WELLHOUSE DriveJacksonvilleFL32220
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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 706 WELLHOUSE Drive, Jacksonville, FL, 32220 priced at $409,999 converts $2,744/mo rent into $8/mo cash flow after a $2,007/mo obligation. Total monthly income equals $2,744/mo, and annual cash flow totals $95/yr on $135,915 invested. Return on cash invested prints 19.98% in year one, and rental yield reads 8.03% against a $409,999 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 103.84% and total cumulative return in cash sums $141,131. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,744/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1.66 Acres lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32220, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,770 (100%) |
| Owner Occupied HU | 4,401 (76.3%) |
| Renter Occupied HU | 942 (16.3%) |
| Vacant Housing Units | 427 ( 7.4%) |
| Median Home Value | $330,965 |
| Average Home Value | $357,993 |
Housing Distribution
Address Breakdown
Residential
5,497
Single Family
5,411
Multi-Family
86
Businesses
296
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Listed by: SUSAN KENNEDY • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2118096
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.