8985 Normandy Blvd LOT 227JacksonvilleFL32221
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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 8985 Normandy Blvd LOT 227, Jacksonville, FL, 32221 generates $916/mo in rent and, after a $494/mo payment, leaves $246/mo in cash flow. Total monthly income is $916/mo, and annual cash flow is $2,953/yr on $33,482 invested. Return on cash invested sits at 28.73% in year one, and rental yield is 10.88% on a $101,000 entry. Equity gained on principal adds $652/yr, while 5% annual appreciation builds toward $27,904 over five years. Five-year ROI reaches 150.87% and total cumulative return in cash sums $50,514. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $916/mo property income rather than buyer’s personal income.
Manufactured
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32221, Jacksonville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,634 (100%) |
| Owner Occupied HU | 9,455 (69.3%) |
| Renter Occupied HU | 3,254 (23.9%) |
| Vacant Housing Units | 925 ( 6.8%) |
| Median Home Value | $343,695 |
| Average Home Value | $348,316 |
Housing Distribution
Address Breakdown
Residential
12,809
Single Family
12,275
Multi-Family
534
Businesses
379
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Listed by: Noah Feagin • Four Star Homes, Inc.
Mls Name: My State MLS
Mls ID: #11331900