8115 ECHO SPRINGS RoadJacksonvilleFL32256
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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 8115 ECHO SPRINGS Road, Jacksonville, FL, 32256 with 5% annual appreciation on a $285,000 basis while $2,222/mo rent supports operations. Total monthly income totals $2,222/mo and a $1,395/mo payment preserves $42/mo for cash returns. Annual cash flow comes to $499/yr on $94,478 deployed, and return on cash invested reaches 20.44% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 9.36%. Five-year ROI measures 107.61% and total cumulative return in cash totals $101,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,222/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2020
3,920 sqft lot
$N/A/sqft
$250 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32256, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,680 (100%) |
| Owner Occupied HU | 13,224 (36.1%) |
| Renter Occupied HU | 19,089 (52.0%) |
| Vacant Housing Units | 4,367 (11.9%) |
| Median Home Value | $447,321 |
| Average Home Value | $490,485 |
Housing Distribution
Address Breakdown
Residential
32,269
Single Family
16,175
Multi-Family
16,094
Businesses
2,805
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Listed by: TRACY L COLLINS • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2077306
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.