7862 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 7862 Melvin Rd, Jacksonville, FL, 32210 listed at $169,900 pairs $1,465/mo rent with a $832/mo payment to leave $337/mo cash flow. Total monthly income runs $1,465/mo, and annual cash flow reaches $4,045/yr on $56,322 cash to close. Return on cash invested measures 27.09% in year one, and rental yield registers 10.35% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 142.01% and total cumulative return in cash totals $79,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,465/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1,742 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: Melissa Ricks • KELLER WILLIAMS REALTY / FB OFFICE
Mls Name: AINCAR
Mls ID: #112344