1628 SOLOMON Street NOrange ParkFL32073
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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
Rental property for sale in Orange Park at 1628 SOLOMON Street N, Orange Park, FL, 32073 generates $2,029/mo in rent and, after a $1,415/mo payment, leaves $111/mo in cash flow. Total monthly income is $2,029/mo, and annual cash flow is $1,328/yr on $95,804 invested. Return on cash invested sits at 21.3% in year one, and rental yield is 8.42% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 110.88% and total cumulative return in cash sums $106,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,029/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32073, Orange Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,249 (100%) |
| Owner Occupied HU | 11,139 (61.0%) |
| Renter Occupied HU | 5,942 (32.6%) |
| Vacant Housing Units | 1,168 ( 6.4%) |
| Median Home Value | $320,015 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,355
Single Family
14,169
Multi-Family
3,186
Businesses
1,650
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Listed by: ELIZABETH TAYLOR • KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Mls Name: realMLS
Mls ID: #2106625