1500 CALMING WATER Drive UNIT 5501Fleming 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 1500 CALMING WATER Drive UNIT 5501, Fleming Island, FL, 32003 earns from $2,000/mo rent with a $1,493/mo payment. Total monthly income totals $2,000/mo. ROI tracks 14.14% on current figures, and rental yield reads 7.87% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 74.46% and total cumulative return in cash sums $75,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,000/mo property income instead of your personal income.
Condo
Built in 2005
871.20 sqft lot
$N/A/sqft
$265 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: VILMARYS METROPULOS • METROPULOS REALTY LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2084498
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. Data is deemed reliable but is not guaranteed accurate by realMLS.