7534 Melvin RdJacksonvilleFL32210
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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 7534 Melvin Rd, Jacksonville, FL, 32210 earns $467/mo cash flow from $1,568/mo rent with a $812/mo payment. Total monthly income totals $1,568/mo, and annual cash flow totals $5,605/yr on $54,996 capital. ROI tracks 30.1% on current figures, and rental yield reads 11.34% at a $165,900 purchase. Equity gained on principal adds $1,071/yr, and 5% annual appreciation supports $45,835 over five years. Five-year ROI reaches 158.16% and total cumulative return in cash sums $86,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,568/mo property income instead of your personal income.
Single Family
Built in 1960
7,415 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32210, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,079 (100%) |
| Owner Occupied HU | 14,620 (52.1%) |
| Renter Occupied HU | 11,233 (40.0%) |
| Vacant Housing Units | 2,226 ( 7.9%) |
| Median Home Value | $277,331 |
| Average Home Value | $365,520 |
Housing Distribution
Address Breakdown
Residential
28,002
Single Family
25,146
Multi-Family
2,856
Businesses
1,653
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Listed by: N/A • N/A
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