7485 GREENWAY DriveJacksonvilleFL32244
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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 7485 GREENWAY Drive, Jacksonville, FL, 32244 generates $1,889/mo in rent and, after a $1,263/mo payment, leaves $38/mo in cash flow. Total monthly income is $1,889/mo, and annual cash flow is $458/yr on $85,527 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 8.79% on a $258,000 entry. Equity gained on principal adds $1,665/yr, while 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 107.06% and total cumulative return in cash sums $91,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,889/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.30 Acres 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: MIRANDA E SPARKS • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2082709
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.