8550 TOUCHTON Road #1437JacksonvilleFL32216
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 TOUCHTON Road #1437, Jacksonville, FL, 32216 uses $53,040 cash to close to unlock $2,380/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $783/mo payment keeps the spread at $198/mo. Purchase price stands at $160,000, and rental yield measures 9.45% with $1,260/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash records $67,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/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
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SONYA STEVENSON • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls ID: #2101476