9585 PALM RESERVE DriveJacksonvilleFL32222
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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 9585 PALM RESERVE Drive, Jacksonville, FL, 32222 offers a 13.06% rental yield on a $379,900 purchase with $4,135/mo rent. Total monthly income registers $4,135/mo, and a $1,859/mo payment leaves $1,354/mo available for distribution. Annual cash flow reaches $16,252/yr on $125,937 to close, and return on cash invested stands at 32.81% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 173.56% and total cumulative return in cash at $218,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,135/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
6,098 sqft lot
$N/A/sqft
$175 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32222, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 5,606 (65.1%) |
| Renter Occupied HU | 2,225 (25.9%) |
| Vacant Housing Units | 774 ( 9.0%) |
| Median Home Value | $344,525 |
| Average Home Value | $365,256 |
Housing Distribution
Address Breakdown
Residential
7,640
Single Family
6,562
Multi-Family
1,078
Businesses
343
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Listed by: DEBRA PAPPAS • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2005597
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.