1488 Poplar Ridge RdFleming 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 1488 Poplar Ridge Rd, Fleming Island, FL, 32003 with 5% annual appreciation on a $490,888 basis while $5,813/mo rent supports operations. Total monthly income totals $5,813/mo and a $2,403/mo payment preserves $2,423/mo for cash returns. Annual cash flow comes to $29,072/yr on $162,729 deployed, and return on cash invested reaches 37.77% in year one. Equity gained on principal adds $3,168/yr, and five-year appreciation sums $135,623 alongside rental yield of 14.21%. Five-year ROI measures 199.58% and total cumulative return in cash totals $324,783.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,813/mo property income versus a $2,403/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
6,555 sqft lot
$N/A/sqft
$6 monthly 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: Daniel Diaz • REALTY PROS ASSURED
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #FC303337
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. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511