1188 GANO Avenue UNIT 116Orange ParkFL32073
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 1188 GANO Avenue UNIT 116, Orange Park, FL, 32073 in Orange Park is the 1.74 coverage ratio: rent of $1,210/mo versus a $697/mo debt payment on a $154,900 property. Rental yield 9.37%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $42,796 by year five, with $1,427/yr in equity from paydown. Total projected cumulative return: $49,473.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $(173) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,210 |
| Total Monthly Debt Service | $1,321 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$355 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32073, Orange Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,249 (100%) |
| Owner Occupied HU | 11,139 (61.0%) |
| Renter Occupied HU | 5,942 (32.6%) |
| Vacant Housing Units | 1,168 ( 6.4%) |
| Median Home Value | $320,015 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,355
Single Family
14,169
Multi-Family
3,186
Businesses
1,650
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
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$355 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32073, Orange Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,249 (100%) |
| Owner Occupied HU | 11,139 (61.0%) |
| Renter Occupied HU | 5,942 (32.6%) |
| Vacant Housing Units | 1,168 ( 6.4%) |
| Median Home Value | $320,015 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,355
Single Family
14,169
Multi-Family
3,186
Businesses
1,650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MAIDELYS MEDINA • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2058791
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.