13700 RICHMOND PARK Drive N #1105JacksonvilleFL32224
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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 N #1105, Jacksonville, FL, 32224 uses $71,273 cash to close to unlock $4,122/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $1,052/mo payment keeps the spread at $344/mo. Purchase price stands at $215,000, and rental yield measures 9.88% with $1,770/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash records $95,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1997
N/A 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: CLAYTON LEE COX • ENDLESS SUMMER REALTY
Mls Name: realMLS
Mls ID: #2127019