13703 RICHMOND PARK Drive #3406JacksonvilleFL32224
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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 13703 RICHMOND PARK Drive #3406, Jacksonville, FL, 32224 earns $114/mo cash flow from $990/mo rent with a $646/mo payment. Total monthly income totals $990/mo, and annual cash flow totals $1,369/yr on $43,758 capital. ROI tracks 23.04% on current figures, and rental yield reads 9% at a $132,000 purchase. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash sums $52,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $990/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: JONATHAN DETULLIO PA • KELLER WILLIAMS JACKSONVILLE
Mls Name: realMLS
Mls ID: #2128979