9940 BILLMORE Circle NJacksonvilleFL32222
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 9940 BILLMORE Circle N, Jacksonville, FL, 32222 in Jacksonville worth modelling. At $239,900 with a 8.38% gross yield, the $1,675/mo rent leaves $83/mo after the $1,079/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.55 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $66,280 by year five; $2,210/yr in principal reduction adds further equity. Total projected return: $96,801.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $83 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,675 |
| Total Monthly Debt Service | $1,497 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2025
0.29 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2025
0.29 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRIAN CORCORAN • LANTERN REALTY, LLC.
Mls Name: realMLS
Mls ID: #2111858