8880 OLD KINGS Road S #68JacksonvilleFL32257
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 8880 OLD KINGS Road S #68, Jacksonville, FL, 32257 listed at $100,000 pairs $762/mo rent with a $489/mo payment to leave $99/mo cash flow. Total monthly income runs $762/mo, and annual cash flow reaches $1,186/yr on $33,150 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 9.14% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 122.62% and total cumulative return in cash totals $40,648. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $762/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32257, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 10,887 (58.8%) |
| Renter Occupied HU | 6,731 (36.4%) |
| Vacant Housing Units | 896 ( 4.8%) |
| Median Home Value | $361,351 |
| Average Home Value | $408,813 |
Housing Distribution
Address Breakdown
Residential
17,957
Single Family
13,684
Multi-Family
4,273
Businesses
1,422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TAYLOR DIAZ • KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Mls Name: realMLS
Mls ID: #2096668