Luzon Plan, Melcon FarmJacksonvilleFL32223
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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 Luzon Plan, Melcon Farm, Jacksonville, FL, 32223 offers $4,235/mo rent that, after a $3,372/mo payment. Total monthly income is $4,235/mo. Return on cash invested measures 18.28% in year one, and rental yield stands at 7.38% at a $688,990 entry. Equity gained on principal adds $4,446/yr while 5% annual appreciation compounds into $190,355 by year five. Five-year ROI records 94.66% and total cumulative return in cash reaches $214,575. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,235/mo property income versus a $3,372/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32223, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,977 (100%) |
| Owner Occupied HU | 8,566 (78.0%) |
| Renter Occupied HU | 2,020 (18.4%) |
| Vacant Housing Units | 391 ( 3.6%) |
| Median Home Value | $431,238 |
| Average Home Value | $501,000 |
Housing Distribution
Address Breakdown
Residential
11,092
Single Family
9,893
Multi-Family
1,199
Businesses
650
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Listed by: Chellsea Dodds • Taylor Morrison
Mls Name: Taylor Morrison
Mls Provider:
Mls ID: #N/A