1856 COLONIAL DriveGreen 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 1856 COLONIAL Drive, Green Cove Springs, FL, 32043 earns $251/mo cash flow from $6,038/mo rent with a $4,155/mo payment. Total monthly income totals $6,038/mo, and annual cash flow totals $3,016/yr on $279,321 capital. ROI tracks 21.14% on current figures, and rental yield reads 8.53% at a $849,000 purchase. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 over five years. Five-year ROI reaches 110.24% and total cumulative return in cash sums $307,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,038/mo property income instead of your personal income.
Single Family
Built in 1992
0.84 Acres lot
$N/A/sqft
$459 quarterly 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: KELLY ROGERS • EXIT MAGNOLIA POINT REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2075087
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.