1657 BISCAYNE BAY CircleJacksonvilleFL32218
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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 1657 BISCAYNE BAY Circle, Jacksonville, FL, 32218 with 5% annual appreciation on a $220,000 basis while $2,051/mo rent supports operations. Total monthly income totals $2,051/mo and a $1,077/mo payment preserves $370/mo for cash returns. Annual cash flow comes to $4,445/yr on $72,930 deployed, and return on cash invested reaches 26% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 11.19%. Five-year ROI measures 137.47% and total cumulative return in cash totals $100,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,051/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2006
3,049 sqft lot
$N/A/sqft
$443 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32218, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,698 (100%) |
| Owner Occupied HU | 19,178 (60.5%) |
| Renter Occupied HU | 10,177 (32.1%) |
| Vacant Housing Units | 2,343 ( 7.4%) |
| Median Home Value | $324,304 |
| Average Home Value | $349,279 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
26,020
Multi-Family
4,047
Businesses
1,464
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Listed by: JACKY REID • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2061650
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.