8120 SUMMER GATE CourtJacksonvilleFL32256
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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 8120 SUMMER GATE Court, Jacksonville, FL, 32256 uses $76,245 cash to close to unlock $5,345/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $1,972/mo, and a $1,126/mo payment keeps the spread at $445/mo. Purchase price stands at $230,000, and rental yield measures 10.29% with $1,972/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 141.04% and total cumulative return in cash records $107,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,972/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
1,306 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: ANA PLAKU • EAGLES WORLD REALTY, INC
Mls Name: realMLS
Mls ID: #2112796