1843 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 1843 BISCAYNE BAY Circle, Jacksonville, FL, 32218 listed at $190,000 pairs $1,466/mo rent with a $930/mo payment to leave $205/mo cash flow. Total monthly income runs $1,466/mo, and annual cash flow reaches $2,461/yr on $62,985 cash to close. Return on cash invested measures 23.82% in year one, and rental yield registers 9.26% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 124.43% and total cumulative return in cash totals $78,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,466/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No 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: NIKI CAICEDO • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2105526