8645 ALEXA LaneJacksonvilleFL32220
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
Rental property for sale in Jacksonville at 8645 ALEXA Lane, Jacksonville, FL, 32220 offers $1,479/mo rent that, after a $954/mo payment, leaves $185/mo cash flow. Total monthly income is $1,479/mo, and annual cash flow is $2,224/yr on $64,643 cash. Return on cash invested measures 23.35% in year one, and rental yield stands at 9.1% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 121.92% and total cumulative return in cash reaches $78,814. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,479/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32220, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,770 (100%) |
| Owner Occupied HU | 4,401 (76.3%) |
| Renter Occupied HU | 942 (16.3%) |
| Vacant Housing Units | 427 ( 7.4%) |
| Median Home Value | $330,965 |
| Average Home Value | $357,993 |
Housing Distribution
Address Breakdown
Residential
5,497
Single Family
5,411
Multi-Family
86
Businesses
296
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Listed by: DENISHA CAMPBELL • LONDON LUXE REALTY & PROPERTY MANAGEMENT
Mls Name: realMLS
Mls ID: #2112882