8550 ARGYLE BUSINESS Loop #906JacksonvilleFL32244
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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 8550 ARGYLE BUSINESS Loop #906, Jacksonville, FL, 32244 uses $71,936 cash to close to unlock $6,169/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $1,954/mo, and a $1,062/mo payment keeps the spread at $514/mo. Purchase price stands at $217,000, and rental yield measures 10.81% with $1,954/mo rent. Return on cash invested shows 28.48% in year one, and 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 149.46% and total cumulative return in cash records $107,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,954/mo property income covering a $1,062/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
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Listed by: ORJADA HAJDINI • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2106866