1386 Parker RdGrand RidgeFL32442
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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 Grand Ridge at 1386 Parker Rd, Grand Ridge, FL, 32442 listed at $250,000 pairs $1,129/mo rent with a $1,224/mo payment. Total monthly income runs $1,129/mo. Return on cash invested measures 12.23% in year one, and rental yield registers 5.42% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 62.27% and total cumulative return in cash totals $51,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,129/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32442, Grand Ridge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,748 (100%) |
| Owner Occupied HU | 1,211 (69.3%) |
| Renter Occupied HU | 299 (17.1%) |
| Vacant Housing Units | 238 (13.6%) |
| Median Home Value | $183,778 |
| Average Home Value | $215,033 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,643
Multi-Family
0
Businesses
42
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Listed by: Larry E Cobb • Florida Showcase Realty, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #777740
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it 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 the MLS.