7800 POINT MEADOWS Drive #238JacksonvilleFL32256
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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 7800 POINT MEADOWS Drive #238, Jacksonville, FL, 32256 offers a 9.32% rental yield on a $175,000 purchase with $1,359/mo rent. Total monthly income registers $1,359/mo, and a $857/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,367/yr on $58,013 to close, and return on cash invested stands at 23.99% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 125.38% and total cumulative return in cash at $72,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,359/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32256, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,680 (100%) |
| Owner Occupied HU | 13,224 (36.1%) |
| Renter Occupied HU | 19,089 (52.0%) |
| Vacant Housing Units | 4,367 (11.9%) |
| Median Home Value | $447,321 |
| Average Home Value | $490,485 |
Housing Distribution
Address Breakdown
Residential
32,269
Single Family
16,175
Multi-Family
16,094
Businesses
2,805
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Listed by: Mary Louise Faulds • PONTE VEDRA CLUB REALTY, INC.
Mls Name: realMLS
Mls ID: #2126770