8290 GATE Parkway W UNIT 1405JacksonvilleFL32216
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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 UNIT 1405, Jacksonville, FL, 32216 uses $53,007 cash to close to unlock $1,926/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,434/mo, and a $783/mo payment keeps the spread at $161/mo. Purchase price stands at $159,900, and rental yield measures 10.76% with $1,434/mo rent. Return on cash invested shows 23.54% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash records $66,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,434/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
$212 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
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Listed by: WILLIAM WOODWARD • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2059634
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.