8550 ARGYLE BUSINESS Loop UNIT 1105JacksonvilleFL32244
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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
Total monthly income runs $1,120/mo, and a $719/mo payment. Purchase price stands at $146,900, and rental yield measures 9.15% with $1,120/mo rent. Return on cash invested shows 12.4% in year one, and 5% annual appreciation builds toward $40,586 over five years. Five-year ROI reaches 67.26% and total cumulative return in cash records $32,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,120/mo property income covering a $719/mo payment rather than investor’s personal income.
Condo
Built in 2006
435.60 sqft lot
$N/A/sqft
$341 monthly 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: KRIST STRASSENBERG • CONDO & HOME REALTY, INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2059823
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.