707 MURRAY DriveJacksonvilleFL32205
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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 707 MURRAY Drive, Jacksonville, FL, 32205 uses $94,478 cash to close to unlock $2,287/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $2,082/mo, and a $1,395/mo payment keeps the spread at $191/mo. Purchase price stands at $285,000, and rental yield measures 8.77% with $2,082/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 116.42% and total cumulative return in cash records $109,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,082/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1947
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32205, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,355 (100%) |
| Owner Occupied HU | 7,663 (49.9%) |
| Renter Occupied HU | 6,471 (42.1%) |
| Vacant Housing Units | 1,221 ( 8.0%) |
| Median Home Value | $340,528 |
| Average Home Value | $420,715 |
Housing Distribution
Address Breakdown
Residential
14,925
Single Family
13,186
Multi-Family
1,739
Businesses
1,070
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Listed by: JAMES DARLING • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2123119