883 CAPITOL ParkwayJacksonvilleFL32218
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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
Rental property for sale in Jacksonville at 883 CAPITOL Parkway, Jacksonville, FL, 32218 priced at $223,500 pairs $1,553/mo rent with after a $1,094/mo payment. Total monthly income equals $1,553/mo. Return on cash invested is 18.53% in year one, and rental yield stands at 8.34% on a $223,500 basis. Equity gained on principal adds $1,442/yr, and 5% annual appreciation accumulates to $61,749 by year five. Five-year ROI measures 96.94% and total cumulative return in cash reaches $71,826. For financing, Ziffy Mortgage’s DSCR program evaluates $1,553/mo property income against a $1,094/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
2,178 sqft lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32218, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,698 (100%) |
| Owner Occupied HU | 19,178 (60.5%) |
| Renter Occupied HU | 10,177 (32.1%) |
| Vacant Housing Units | 2,343 ( 7.4%) |
| Median Home Value | $324,304 |
| Average Home Value | $349,279 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
26,020
Multi-Family
4,047
Businesses
1,464
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Listed by: HOLLY BROOKS • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2076439
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.