1655 CALMING WATER DriveFleming 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 1655 CALMING WATER Drive, Fleming Island, FL, 32003 earns $221/mo cash flow from $2,736/mo rent with a $1,855/mo payment. Total monthly income totals $2,736/mo, and annual cash flow totals $2,651/yr on $125,639 capital. ROI tracks 22.02% on current figures, and rental yield reads 8.66% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 114.74% and total cumulative return in cash sums $144,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,736/mo property income instead of your personal income.
Single Family
Built in 2004
6,098 sqft 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
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Listed by: SHELLY ZEISEL • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2101860