7139 Melvin RdJacksonvilleFL32210
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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 7139 Melvin Rd, Jacksonville, FL, 32210 with 5% annual appreciation on a $202,500 basis while $1,793/mo rent supports operations. Total monthly income totals $1,793/mo and a $991/mo payment preserves $408/mo for cash returns. Annual cash flow comes to $4,892/yr on $67,129 deployed, and return on cash invested reaches 27.2% in year one. Equity gained on principal adds $1,307/yr, and five-year appreciation sums $55,947 alongside rental yield of 10.63%. Five-year ROI measures 142.81% and total cumulative return in cash totals $95,869.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,793/mo property income versus a $991/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1988
6,349 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32210, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,079 (100%) |
| Owner Occupied HU | 14,620 (52.1%) |
| Renter Occupied HU | 11,233 (40.0%) |
| Vacant Housing Units | 2,226 ( 7.9%) |
| Median Home Value | $277,331 |
| Average Home Value | $365,520 |
Housing Distribution
Address Breakdown
Residential
28,002
Single Family
25,146
Multi-Family
2,856
Businesses
1,653
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