400 E BAY Street #604JacksonvilleFL32202
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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 400 E BAY Street #604, Jacksonville, FL, 32202 at $292,500 posts ROI 30.1% with $824/mo cash flow from $2,765/mo rent. Total monthly income equals $2,765/mo, and annual cash flow records $9,883/yr on $96,964 to close. Return on cash invested measures 30.1% and rental yield reads 11.34% at the current $292,500. Equity gained on principal adds $1,887/yr, and 5% annual appreciation supports $80,812 by year five. Five-year ROI prints 158.11% and total cumulative return in cash totals $153,309.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32202, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,142 (100%) |
| Owner Occupied HU | 249 (11.6%) |
| Renter Occupied HU | 1,584 (73.9%) |
| Vacant Housing Units | 309 (14.4%) |
| Median Home Value | $361,429 |
| Average Home Value | $411,195 |
Housing Distribution
Address Breakdown
Residential
3,023
Single Family
481
Multi-Family
2,542
Businesses
1,023
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Listed by: TERRY MICHELLE SCHOU • EGI REAL ESTATE
Mls Name: realMLS
Mls ID: #2122303