13703 RICHMOND PARK Drive N #3303JacksonvilleFL32224
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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 N #3303, Jacksonville, FL, 32224 listed at $204,000 pairs $1,431/mo rent with a $998/mo payment to leave $78/mo cash flow. Total monthly income runs $1,431/mo, and annual cash flow reaches $932/yr on $67,626 cash to close. Return on cash invested measures 21.29% in year one, and rental yield registers 8.42% at a $204,000 basis. Equity gained on principal adds $1,316/yr, and annual property appreciation at 5% supports $56,361 by year five. Five-year ROI tracks 110.84% and total cumulative return in cash totals $74,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,431/mo property income relative to a $998/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: DIRK HARRISON, LLC • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2123811