8689 ALEXA LaneJacksonvilleFL32220
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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 8689 ALEXA Lane, Jacksonville, FL, 32220 listed at $185,000 pairs $1,692/mo rent with a $905/mo payment to leave $465/mo cash flow. Total monthly income runs $1,692/mo, and annual cash flow reaches $5,577/yr on $61,328 cash to close. Return on cash invested measures 29% in year one, and rental yield registers 10.98% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 152.22% and total cumulative return in cash totals $93,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,692/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
0.35 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: CHRISTINA WELCH • KELLER WILLIAMS ST JOHNS
Mls Name: realMLS
Mls Provider:
Mls ID: #2067058
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.