8629 RIBBON FALLS LaneJacksonvilleFL32244
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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 8629 RIBBON FALLS Lane, Jacksonville, FL, 32244 earns $453/mo cash flow from $2,236/mo rent with a $1,217/mo payment. Total monthly income totals $2,236/mo, and annual cash flow totals $5,434/yr on $82,444 capital. ROI tracks 26.5% on current figures, and rental yield reads 10.79% at a $248,700 purchase. Equity gained on principal adds $1,605/yr, and 5% annual appreciation supports $68,711 over five years. Five-year ROI reaches 139.47% and total cumulative return in cash sums $114,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,236/mo property income instead of your personal income.
Townhouse
Built in 2005
4,356 sqft lot
$N/A/sqft
$133 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32244, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,687 (100%) |
| Owner Occupied HU | 14,863 (53.7%) |
| Renter Occupied HU | 11,246 (40.6%) |
| Vacant Housing Units | 1,578 ( 5.7%) |
| Median Home Value | $270,032 |
| Average Home Value | $294,320 |
Housing Distribution
Address Breakdown
Residential
26,480
Single Family
22,274
Multi-Family
4,206
Businesses
646
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Listed by: THERESA SUMNER • INI REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2074958
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.