7716 MERCHANTS WayJacksonvilleFL32222
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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 7716 MERCHANTS Way, Jacksonville, FL, 32222 priced at $245,785 pairs $2,209/mo rent with $578/mo cash flow after a $1,203/mo payment. Total monthly income equals $2,209/mo, and annual cash flow comes to $6,935/yr on $81,478 invested. Return on cash invested is 28.42% in year one, and rental yield stands at 10.79% on a $245,785 basis. Equity gained on principal adds $1,586/yr, and 5% annual appreciation accumulates to $67,906 by year five. Five-year ROI measures 149.05% and total cumulative return in cash reaches $121,447. For financing, Ziffy Mortgage’s DSCR program evaluates $2,209/mo property income against a $1,203/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2022
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32222, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 5,606 (65.1%) |
| Renter Occupied HU | 2,225 (25.9%) |
| Vacant Housing Units | 774 ( 9.0%) |
| Median Home Value | $344,525 |
| Average Home Value | $365,256 |
Housing Distribution
Address Breakdown
Residential
7,640
Single Family
6,562
Multi-Family
1,078
Businesses
343
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Listed by: LISA DUKE • LISA DUKE REALTY LLC
Mls Name: realMLS
Mls ID: #2051616