13700 RICHMOND PARK Drive #403JacksonvilleFL32224
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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 13700 RICHMOND PARK Drive #403, Jacksonville, FL, 32224 earns $77/mo cash flow from $1,604/mo rent with a $1,126/mo payment. Total monthly income totals $1,604/mo, and annual cash flow totals $929/yr on $76,245 capital. ROI tracks 21.13% on current figures, and rental yield reads 8.37% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 109.99% and total cumulative return in cash sums $83,863. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,604/mo property income instead of your personal income.
Condo
Built in 1997
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32224, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,258 (100%) |
| Owner Occupied HU | 9,948 (51.7%) |
| Renter Occupied HU | 8,089 (42.0%) |
| Vacant Housing Units | 1,221 ( 6.3%) |
| Median Home Value | $472,373 |
| Average Home Value | $530,588 |
Housing Distribution
Address Breakdown
Residential
19,257
Single Family
11,083
Multi-Family
8,174
Businesses
687
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Listed by: JIREH RODRIGUEZ • ELITE REALTY GROUP
Mls Name: realMLS
Mls ID: #2102657