9667 LOVAGE LaneJacksonvilleFL32219
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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 9667 LOVAGE Lane, Jacksonville, FL, 32219 uses $127,628 cash to close to unlock $414/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $2,589/mo, and a $1,884/mo payment keeps the spread at $34/mo. Purchase price stands at $385,000, and rental yield measures 8.07% with $2,589/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 105.17% and total cumulative return in cash records $134,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,589/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32219, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,933 (100%) |
| Owner Occupied HU | 5,211 (75.2%) |
| Renter Occupied HU | 1,229 (17.7%) |
| Vacant Housing Units | 493 ( 7.1%) |
| Median Home Value | $330,434 |
| Average Home Value | $349,917 |
Housing Distribution
Address Breakdown
Residential
6,421
Single Family
6,420
Multi-Family
1
Businesses
396
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Listed by: CASSANDRA ANN BROWN • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2104618