8880 OLD KINGS Road S #72JacksonvilleFL32257
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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 8880 OLD KINGS Road S #72, Jacksonville, FL, 32257 earns $131/mo cash flow from $984/mo rent with a $629/mo payment. Total monthly income totals $984/mo, and annual cash flow totals $1,574/yr on $42,598 capital. ROI tracks 23.6% on current figures, and rental yield reads 9.19% at a $128,500 purchase. Equity gained on principal adds $829/yr, and 5% annual appreciation supports $35,502 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash sums $52,536. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $984/mo property income instead of your personal income.
Condo
Built in 1974
871.20 sqft 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
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Listed by: FAKIHA OKTEN • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2119013