1279 Pirates Cove LnFleming IslandFL32003
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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 Fleming Island at 1279 Pirates Cove Ln, Fleming Island, FL, 32003 uses $107,738 cash to close to unlock $7,080/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $2,747/mo, and a $1,591/mo payment keeps the spread at $590/mo. Purchase price stands at $325,000, and rental yield measures 10.14% with $2,747/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 138.66% and total cumulative return in cash records $149,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,747/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32003, Orange Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,912 (100%) |
| Owner Occupied HU | 8,940 (75.1%) |
| Renter Occupied HU | 2,408 (20.2%) |
| Vacant Housing Units | 564 ( 4.7%) |
| Median Home Value | $432,265 |
| Average Home Value | $470,615 |
Housing Distribution
Address Breakdown
Residential
11,387
Single Family
9,618
Multi-Family
1,769
Businesses
531
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Listed by: Philip Aitken • Your Home Sold Guaranteed Realty Advisors
Mls Name: My State MLS
Mls ID: #11623807