7528 Ridgeway Rd NJacksonvilleFL32244
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
Rental property for sale in Jacksonville at 7528 Ridgeway Rd N, Jacksonville, FL, 32244 priced at $141,000 pairs $1,760/mo rent with $802/mo cash flow after a $690/mo payment. Total monthly income equals $1,760/mo, and annual cash flow comes to $9,621/yr on $46,742 invested. Return on cash invested is 40.49% in year one, and rental yield stands at 14.98% on a $141,000 basis. Equity gained on principal adds $910/yr, and 5% annual appreciation accumulates to $38,956 by year five. Five-year ROI measures 214.04% and total cumulative return in cash reaches $100,044. For financing, Ziffy Mortgage’s DSCR program evaluates $1,760/mo property income against a $690/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A