1610 RIVERS RoadGreen Cove 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 Green Cove Springs at 1610 RIVERS Road, Green Cove Springs, FL, 32043 listed at $599,000 pairs $4,162/mo rent with a $2,932/mo payment to leave $187/mo cash flow. Total monthly income runs $4,162/mo, and annual cash flow reaches $2,241/yr on $197,071 cash to close. Return on cash invested measures 21.2% in year one, and rental yield registers 8.34% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 110.3% and total cumulative return in cash totals $217,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,162/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
1.14 Acres 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: LARRY STUART WILLIAMS JR. • EXIT MAGNOLIA POINT REALTY
Mls Name: realMLS
Mls ID: #2109131