1. Florida
  2. Jacksonville
  3. 4225 SPRINGFIELD Boulevard
$775,000

4225 SPRINGFIELD Boulevard, Jacksonville, FL 32206

  • 16 beds |
  • 9 baths |
  • 6,418 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $121/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This 5-unit single-family home portfolio in Jacksonville, FL offers immediate cash flow with $6,491 in current monthly rental income. Proforma projections indicate the potential to increase monthly income to approximately $7,471 with minor rent adjustments.The portfolio's strong financial performance includes a 15.2% leveraged IRR and a projected 1.97x equity multiple over five years. With a stabilized debt service coverage ratio (DSCR) above 1.5, this investment is well-positioned to generate consistent cash flow while maintaining healthy leverage. This value-add opportunity combines immediate income with long-term growth potential. Make sure to reach out before this deal is gone! Here are the Five property Addresses: 4225 Springfield Blvd, Jacksonville, FL 32206, 5123 Yearling Ln, Jacksonville, FL 32210, 2428 Warfield Ave, Jacksonville, FL 32218, 2151 Leger Cir, Jacksonville, FL 32208, 447 W 63rd St, Jacksonville, FL 32208

Listing Status:
Active
Date Added:
May 9, 2025 at 05:00AM
Listing Office:
COLDWELL BANKER ANABASIS REALTY : 904-351-0765
Listing Agent:
WESLEY WILLIAM WOOD : 904-649-6709
MLS ID:
2086602
  • A/C: Central Air
  • Heating: Central

This listing courtesy of WESLEY WILLIAM WOOD, COLDWELL BANKER ANABASIS REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Brentwood Elementary School

3750 Springfield Blvd, Jacksonville, FL, 32206

Grades KG-5

0.21 miles away

A

A. Philip Randolph Academies

1157 Golfair Blvd, Jacksonville, FL, 32209

Grades 8-12

0.92 miles away

A

Andrew Jackson High School

3816 N Main St, Jacksonville, FL, 32206

Grades 9-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

1641 E 16TH Street, Jacksonville, FL 32206
Multi-Family Home For Sale

$635,000

  • 17 bed |
  • 8 bath |
  • 5,183 sqft |
  • 0.35 acre lot
1641 E 16TH Street Jacksonville, FL 32206

#2082604 - BEE HOME REALTY, LLC