400 E BAY Street #PH8JacksonvilleFL32202
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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 #PH8, Jacksonville, FL, 32202 with 5% annual appreciation on a $1,085,000 basis while $2,279/mo rent supports operations. 57% in year one. Equity gained on principal adds $7,001/yr, and five-year appreciation sums $299,766 alongside rental yield of 2.52%. Five-year ROI measures 15.73% and total cumulative return in cash totals $55,298. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,279/mo property income versus a $5,311/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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: PAUL ANDERTON ESDALE • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls ID: #2085498