846 NORTH FORK RoadJacksonvilleFL32234
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
Investment Highlights
Investment property for sale in Jacksonville at 846 NORTH FORK Road, Jacksonville, FL, 32234 offers a 11.06% rental yield on a $175,000 purchase with $1,613/mo rent. Total monthly income registers $1,613/mo, and a $857/mo payment leaves $451/mo available for distribution. Annual cash flow reaches $5,415/yr on $58,013 to close, and return on cash invested stands at 29.24% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 153.54% and total cumulative return in cash at $89,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,613/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32234, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,277 (100%) |
| Owner Occupied HU | 2,250 (68.7%) |
| Renter Occupied HU | 738 (22.5%) |
| Vacant Housing Units | 289 ( 8.8%) |
| Median Home Value | $365,140 |
| Average Home Value | $395,409 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,432
Multi-Family
84
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LINDSEY OSTEEN • KELLER WILLIAMS ST JOHNS
Mls Name: realMLS
Mls ID: #2104808