9360 CRAVEN Road #504JacksonvilleFL32257
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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 9360 CRAVEN Road #504, Jacksonville, FL, 32257 uses $62,952 cash to close to unlock $2,739/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $929/mo payment keeps the spread at $228/mo. Purchase price stands at $189,900, and rental yield measures 9.4% with $1,488/mo rent. Return on cash invested shows 24.26% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 126.83% and total cumulative return in cash records $79,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $929/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A 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: CHRYSTELLE ANCELOT • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls ID: #2107830