7642 VALE DriveJacksonvilleFL32221
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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 7642 VALE Drive, Jacksonville, FL, 32221 priced at $263,500 converts $3,055/mo rent into $1,277/mo cash flow after a $1,290/mo obligation. Total monthly income equals $3,055/mo, and annual cash flow totals $15,325/yr on $87,350 invested. Return on cash invested prints 37.45% in year one, and rental yield reads 13.91% against a $263,500 entry. Equity gained on principal adds $1,700/yr, while 5% annual appreciation compiles into $72,800 by year five. Five-year ROI reaches 197.71% and total cumulative return in cash sums $172,704. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,055/mo property income covering a $1,290/mo payment, not borrower’s personal income.
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32221, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,634 (100%) |
| Owner Occupied HU | 9,455 (69.3%) |
| Renter Occupied HU | 3,254 (23.9%) |
| Vacant Housing Units | 925 ( 6.8%) |
| Median Home Value | $343,695 |
| Average Home Value | $348,316 |
Housing Distribution
Address Breakdown
Residential
12,809
Single Family
12,275
Multi-Family
534
Businesses
379
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Listed by: ERGIN SADIKAJ • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2032835
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.