7224 BLACKBERRY Lane NJacksonvilleFL32244
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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 7224 BLACKBERRY Lane N, Jacksonville, FL, 32244 offers $2,080/mo rent that, after a $1,424/mo payment, leaves $149/mo cash flow. Total monthly income is $2,080/mo, and annual cash flow is $1,790/yr on $96,466 cash. Return on cash invested measures 21.76% in year one, and rental yield stands at 8.58% at a $290,999 entry. Equity gained on principal adds $1,878/yr while 5% annual appreciation compounds into $80,398 by year five. Five-year ROI records 113.42% and total cumulative return in cash reaches $109,410. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,080/mo property income versus a $1,424/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
N/A 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: MARTIN WILLIAMS • CENTURY 21 LIGHTHOUSE REALTY
Mls Name: realMLS
Mls ID: #2088166