7778 Melvin RdJacksonvilleFL32210
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 7778 Melvin Rd, Jacksonville, FL, 32210 in Jacksonville is straightforward: $160,000 in, $1,550/mo in rent, $297/mo out after debt service. The 11.63% gross yield and 2.16 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $44,205 by year five. With $1,474/yr in principal equity, the total cumulative return is projected at $92,464.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $297 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,550 |
| Total Monthly Debt Service | $998 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2005
2,227 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
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
Townhouse
Built in 2005
2,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vyacheslav Cheban • ADVANTAGE REALTY & MANAGEMENT
Mls Name: Stellar MLS
Mls ID: #FC315305