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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 11611 SANDS Avenue, Jacksonville, FL, 32246 offers $4,744/mo rent that, after a $1,835/mo payment, leaves $2,256/mo cash flow. Total monthly income is $4,744/mo, and annual cash flow is $27,070/yr on $124,313 cash. Return on cash invested measures 41.69% in year one, and rental yield stands at 15.18% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 220.2% and total cumulative return in cash reaches $273,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,744/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
9,583 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 32246, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,240 (100%) |
| Owner Occupied HU | 13,631 (50.0%) |
| Renter Occupied HU | 11,522 (42.3%) |
| Vacant Housing Units | 2,087 ( 7.7%) |
| Median Home Value | $362,760 |
| Average Home Value | $403,295 |
Housing Distribution
Address Breakdown
Residential
25,306
Single Family
18,270
Multi-Family
7,036
Businesses
1,213
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-31 | Price change | $375,000 |
| 2024-08-26 | Price change | $379,900 |
| 2024-08-05 | Price change | $382,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $744.89 | 10.10% | $111,079 | 3.00% |
| 2022-09-03 | $676.54 | -1.29% | $107,844 | 3.00% |
| 2021-09-03 | $685.41 | 0.10% | $104,703 | 1.40% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1979
- Architectural Style: Ranch
- Building Area: N/A
- Living Area: 1,860 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Laminate
- Interior Features: Kitchen Island
- Exterior Features: N/A
- Parking Features: Attached
Location
- City: Jacksonville
- Subdivision: Beachwood
- Lot Size: 9,583 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Water Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: STEVEN KOLENO • BEYCOME OF FLORIDA LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2034891
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.