10550 BAYMEADOWS Road #507JacksonvilleFL32256
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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 10550 BAYMEADOWS Road #507, Jacksonville, FL, 32256 offers a 11.71% rental yield on a $179,123 purchase with $1,748/mo rent. Total monthly income registers $1,748/mo, and a $877/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,708/yr on $59,379 to close, and return on cash invested stands at 31.21% in year one. Equity gained on principal adds $1,156/yr while 5% annual appreciation supports $49,488 over five years. Portfolio math shows five-year ROI at 164.11% and total cumulative return in cash at $97,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,748/mo property income against a $877/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32256, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,680 (100%) |
| Owner Occupied HU | 13,224 (36.1%) |
| Renter Occupied HU | 19,089 (52.0%) |
| Vacant Housing Units | 4,367 (11.9%) |
| Median Home Value | $447,321 |
| Average Home Value | $490,485 |
Housing Distribution
Address Breakdown
Residential
32,269
Single Family
16,175
Multi-Family
16,094
Businesses
2,805
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Listed by: PAVEL MARTYNENKO • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2117642