8601 BEACH Boulevard UNIT 924JacksonvilleFL32216
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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 8601 BEACH Boulevard UNIT 924, Jacksonville, FL, 32216 offers a 15.54% rental yield on a $186,900 purchase with $2,420/mo rent. Total monthly income registers $2,420/mo, and a $915/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,798/yr on $61,957 to close, and return on cash invested stands at 35.72% in year one. Equity gained on principal adds $1,206/yr while 5% annual appreciation supports $51,637 over five years. Portfolio math shows five-year ROI at 190.81% and total cumulative return in cash at $118,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,420/mo property income against a $915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
$363 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: ANGELINA BURNS • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2036596
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.