1800 PARK Avenue #224Orange 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 1800 PARK Avenue #224, Orange Park, FL, 32073 generates $1,264/mo in rent and, after a $808/mo payment, leaves $169/mo in cash flow. Total monthly income is $1,264/mo, and annual cash flow is $2,023/yr on $54,698 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 9.19% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 123.27% and total cumulative return in cash sums $67,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,264/mo property income rather than buyer’s personal income.
Condo
Built in 1974
871.20 sqft 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: HEIDI LYNCH • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls ID: #2095608