7470 SPINOLA RoadJacksonvilleFL32217
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7470 SPINOLA Road, Jacksonville, FL, 32217 in Jacksonville is a solid income-producing rental, 9.17% gross yield, $2,503/mo rent, $331/mo net cash flow on a $327,400 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $90,455 and $3,015/yr in principal reduction project a total cumulative return of $146,054.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $331 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,503 |
| Total Monthly Debt Service | $2,042 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32217, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,419 (100%) |
| Owner Occupied HU | 5,237 (55.6%) |
| Renter Occupied HU | 3,508 (37.2%) |
| Vacant Housing Units | 674 ( 7.2%) |
| Median Home Value | $410,650 |
| Average Home Value | $493,461 |
Housing Distribution
Address Breakdown
Residential
9,190
Single Family
6,961
Multi-Family
2,229
Businesses
870
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1957
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32217, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,419 (100%) |
| Owner Occupied HU | 5,237 (55.6%) |
| Renter Occupied HU | 3,508 (37.2%) |
| Vacant Housing Units | 674 ( 7.2%) |
| Median Home Value | $410,650 |
| Average Home Value | $493,461 |
Housing Distribution
Address Breakdown
Residential
9,190
Single Family
6,961
Multi-Family
2,229
Businesses
870
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ELIZABETH BETSY PONTE • PROFESSIONAL REALTY NETWORK
Mls Name: realMLS
Mls ID: #2116040