1838 CARDINAL CourtJacksonville BeachFL32250
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 1838 CARDINAL Court, Jacksonville Beach, FL, 32250 in Jacksonville Beach at $680,000. Rental yield 7.22%. The 7.22% yield and 1.34 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $187,871 by year five, and $6,263/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $232,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.0% |
| Monthly Cash Flow | $(419) | $300 |
City averages based on Jacksonville Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,093 |
| Total Monthly Debt Service | $4,242 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1993
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32250, Jacksonville Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 9,538 (59.8%) |
| Renter Occupied HU | 4,985 (31.3%) |
| Vacant Housing Units | 1,418 ( 8.9%) |
| Median Home Value | $544,909 |
| Average Home Value | $603,347 |
Housing Distribution
Address Breakdown
Residential
14,794
Single Family
10,224
Multi-Family
4,570
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KELI RUSSELL • CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
Mls Name: realMLS
Mls ID: #2119558