7470 SPINOLA RoadJacksonvilleFL32217
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
Investment Highlights
Investment property for sale in Jacksonville at 7470 SPINOLA Road, Jacksonville, FL, 32217 uses $108,533 cash to close to unlock $3,969/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $2,503/mo, and a $1,602/mo payment keeps the spread at $331/mo. Purchase price stands at $327,400, and rental yield measures 9.17% with $2,503/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $90,455 over five years. Five-year ROI reaches 123.04% and total cumulative return in cash records $133,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,503/mo property income covering a $1,602/mo payment rather than investor’s personal income.
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