6700 Bowden Rd UNIT 1004JacksonvilleFL32216
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6700 Bowden Rd UNIT 1004, Jacksonville, FL, 32216 in Jacksonville is a solid income-producing rental, 12.23% gross yield, $2,048/mo rent, $490/mo net cash flow on a $201,000 buy. DSCR 2.27 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $55,533 and $1,851/yr in principal reduction project a total cumulative return of $109,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.2% |
| Monthly Cash Flow | $490 | $450 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,048 |
| Total Monthly Debt Service | $1,479 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2005
1,041 sqft lot
$N/A/sqft
$225 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 2005
1,041 sqft lot
$N/A/sqft
$225 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A