1501 WATERBRIDGE CourtFleming IslandFL32003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1501 WATERBRIDGE Court, Fleming Island, FL, 32003 offers a 5.44% rental yield on a $724,000 purchase with $3,283/mo rent. 39% in year one. Equity gained on principal adds $4,672/yr while 5% annual appreciation supports $200,028 over five years. Portfolio math shows five-year ROI at 63.11% and total cumulative return in cash at $150,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,283/mo property income against a $3,544/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CARMEN MARINA MASTRAPA • HERRON REAL ESTATE LLC
Mls Name: realMLS
Mls ID: #2104383