8290 GATE Parkway W #1109JacksonvilleFL32256
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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 8290 GATE Parkway W #1109, Jacksonville, FL, 32256 listed at $190,000 pairs $1,865/mo rent with a $930/mo payment to leave $604/mo cash flow. Total monthly income runs $1,865/mo, and annual cash flow reaches $7,249/yr on $62,985 cash to close. Return on cash invested measures 31.42% in year one, and rental yield registers 11.78% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 165.22% and total cumulative return in cash totals $104,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,865/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
435.60 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: JUSTIN E TIMMONS • MOMENTUM REALTY
Mls Name: realMLS
Mls ID: #2108853