1259 THE GROVE RoadOrange ParkFL32073
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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 Orange Park at 1259 THE GROVE Road, Orange Park, FL, 32073 uses $57,847 cash to close to unlock $2,473/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,364/mo, and a $854/mo payment keeps the spread at $206/mo. Purchase price stands at $174,500, and rental yield measures 9.38% with $1,364/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 126.43% and total cumulative return in cash records $73,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,364/mo property income covering a $854/mo payment rather than investor’s personal income.
Condo
Built in 1974
1,742 sqft lot
$N/A/sqft
No 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
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Listed by: LATOSHIA HALL • POWERHOUSE REALTY INC.
Mls Name: realMLS
Mls ID: #2112428