8290 GATE Parkway W UNIT 709JacksonvilleFL32216
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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 709, Jacksonville, FL, 32216 listed at $217,490 pairs $1,708/mo rent with a $1,065/mo payment. Total monthly income runs $1,708/mo. Return on cash invested measures 18.1% in year one, and rental yield registers 9.42% at a $217,490 basis. Equity gained on principal adds $1,403/yr, and annual property appreciation at 5% supports $60,088 by year five. Five-year ROI tracks 96.04% and total cumulative return in cash totals $69,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,708/mo property income relative to a $1,065/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
$288 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: DINA DONETS • MOMENTUM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2015779
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.