9360 Craven Rd APT 1104JacksonvilleFL32257
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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
Rental property for sale in Jacksonville at 9360 Craven Rd APT 1104, Jacksonville, FL, 32257 generates $1,432/mo in rent and, after a $925/mo payment, leaves $178/mo in cash flow. Total monthly income is $1,432/mo, and annual cash flow is $2,134/yr on $62,654 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 9.09% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 121.7% and total cumulative return in cash sums $76,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,432/mo property income rather than buyer’s personal income.
Condo
Built in 1986
1,602 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32257, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 10,887 (58.8%) |
| Renter Occupied HU | 6,731 (36.4%) |
| Vacant Housing Units | 896 ( 4.8%) |
| Median Home Value | $361,351 |
| Average Home Value | $408,813 |
Housing Distribution
Address Breakdown
Residential
17,957
Single Family
13,684
Multi-Family
4,273
Businesses
1,422
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Listed by: Jill Fitzgerald • COASTAL REALTY GROUP OF FLORIDA
Mls Name: Stellar MLS
Mls ID: #FC313446