1399 LITTLE HERON PlaceCove SpringsFL32043
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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 Cove Springs at 1399 LITTLE HERON Place, Cove Springs, FL, 32043 uses $112,707 cash to close to unlock $214/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,664/mo payment keeps the spread at $18/mo. Purchase price stands at $339,990, and rental yield measures 8.03% with $2,274/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $93,933 over five years. Five-year ROI reaches 104.44% and total cumulative return in cash records $117,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32043, Green Cove Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,689 (100%) |
| Owner Occupied HU | 11,781 (75.1%) |
| Renter Occupied HU | 2,721 (17.3%) |
| Vacant Housing Units | 1,187 ( 7.6%) |
| Median Home Value | $369,453 |
| Average Home Value | $400,686 |
Housing Distribution
Address Breakdown
Residential
13,230
Single Family
12,990
Multi-Family
240
Businesses
661
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Listed by: CHARLIE ROGERS • D R HORTON REALTY INC
Mls Name: realMLS
Mls ID: #2103398