7463 RED CRANE LaneJacksonvilleFL32256
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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 7463 RED CRANE Lane, Jacksonville, FL, 32256 uses $97,793 cash to close to unlock $3,843/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $2,278/mo, and a $1,444/mo payment keeps the spread at $320/mo. Purchase price stands at $295,000, and rental yield measures 9.27% with $2,278/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash records $121,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,278/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32256, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,680 (100%) |
| Owner Occupied HU | 13,224 (36.1%) |
| Renter Occupied HU | 19,089 (52.0%) |
| Vacant Housing Units | 4,367 (11.9%) |
| Median Home Value | $447,321 |
| Average Home Value | $490,485 |
Housing Distribution
Address Breakdown
Residential
32,269
Single Family
16,175
Multi-Family
16,094
Businesses
2,805
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Listed by: JUANITA MCCLELLAN • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2103085