10075 GATE Parkway N #1806JacksonvilleFL32246
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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 10075 GATE Parkway N #1806, Jacksonville, FL, 32246 earns $184/mo cash flow from $1,298/mo rent with a $822/mo payment. Total monthly income totals $1,298/mo, and annual cash flow totals $2,203/yr on $55,659 capital. ROI tracks 23.87% on current figures, and rental yield reads 9.28% at a $167,900 purchase. Equity gained on principal adds $1,083/yr, and 5% annual appreciation supports $46,388 over five years. Five-year ROI reaches 124.66% and total cumulative return in cash sums $69,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,298/mo property income instead of your personal income.
Condo
Built in 2001
435.60 sqft lot
$N/A/sqft
No HOA
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
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Listed by: MICHAEL NOBLES • CROSSVIEW REALTY
Mls Name: realMLS
Mls ID: #2114421