1909 S University Blvd #302JacksonvilleFL32216
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1909 S University Blvd #302, Jacksonville, FL, 32216 in Jacksonville achieves a 1.78 ratio at $170,000: $1,357/mo rent versus $764/mo debt service. Rental yield 9.58%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.58% yield compounds alongside 5% annual appreciation projecting $46,968 in value. Total projected cumulative return: $50,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $(258) | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,357 |
| Total Monthly Debt Service | $1,548 |
| DSCR Ratio | 0.88x |
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.
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
$487 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32216, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,501 (100%) |
| Owner Occupied HU | 9,101 (46.7%) |
| Renter Occupied HU | 8,864 (45.5%) |
| Vacant Housing Units | 1,536 ( 7.9%) |
| Median Home Value | $329,890 |
| Average Home Value | $364,255 |
Housing Distribution
Address Breakdown
Residential
19,382
Single Family
12,153
Multi-Family
7,229
Businesses
2,236
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
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
$487 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32216, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,501 (100%) |
| Owner Occupied HU | 9,101 (46.7%) |
| Renter Occupied HU | 8,864 (45.5%) |
| Vacant Housing Units | 1,536 ( 7.9%) |
| Median Home Value | $329,890 |
| Average Home Value | $364,255 |
Housing Distribution
Address Breakdown
Residential
19,382
Single Family
12,153
Multi-Family
7,229
Businesses
2,236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Zwolski • CENTURY 21 Ocean
Mls Name: Space Coast AOR
Mls ID: #1044110
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. Information is deemed reliable but not guaranteed.