8550 ARGYLE BUSINESS Loop #306JacksonvilleFL32244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8550 ARGYLE BUSINESS Loop #306, Jacksonville, FL, 32244 uses $63,946 cash to close to unlock $2,040/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $944/mo payment keeps the spread at $170/mo. Purchase price stands at $192,900, and rental yield measures 9.02% with $1,450/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $53,295 over five years. Five-year ROI reaches 120.62% and total cumulative return in cash records $77,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $944/mo payment rather than investor’s personal income.
Condo
Built in 2006
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32244, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,687 (100%) |
| Owner Occupied HU | 14,863 (53.7%) |
| Renter Occupied HU | 11,246 (40.6%) |
| Vacant Housing Units | 1,578 ( 5.7%) |
| Median Home Value | $270,032 |
| Average Home Value | $294,320 |
Housing Distribution
Address Breakdown
Residential
26,480
Single Family
22,274
Multi-Family
4,206
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KYLIE KRAUS • COASTAL ROOTS REALTY, LLC
Mls Name: realMLS
Mls ID: #2126063