7920 MERRILL Road W #1604JacksonvilleFL32277
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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 7920 MERRILL Road W #1604, Jacksonville, FL, 32277 earns $134/mo cash flow from $1,129/mo rent with a $734/mo payment. Total monthly income totals $1,129/mo, and annual cash flow totals $1,605/yr on $49,725 capital. ROI tracks 23.14% on current figures, and rental yield reads 9.03% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 120.77% and total cumulative return in cash sums $60,054. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,129/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32277, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,898 (100%) |
| Owner Occupied HU | 6,793 (52.7%) |
| Renter Occupied HU | 5,299 (41.1%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $309,038 |
| Average Home Value | $390,332 |
Housing Distribution
Address Breakdown
Residential
12,973
Single Family
11,915
Multi-Family
1,058
Businesses
295
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Listed by: MARY JEAN WALLIS-COPPEDGE • THE LEGENDS OF REAL ESTATE
Mls Name: realMLS
Mls ID: #2115253