1864 INDIAN RIVER 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
Rental property for sale in Fleming Island at 1864 INDIAN RIVER Drive, Fleming Island, FL, 32003 priced at $439,900 pairs $3,305/mo rent with $369/mo cash flow after a $2,153/mo payment. Total monthly income equals $3,305/mo, and annual cash flow comes to $4,425/yr on $145,827 invested. Return on cash invested is 22.94% in year one, and rental yield stands at 9.02% on a $439,900 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,536 by year five. Five-year ROI measures 119.75% and total cumulative return in cash reaches $174,627. For financing, Ziffy Mortgage’s DSCR program evaluates $3,305/mo property income against a $2,153/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.31 Acres lot
$N/A/sqft
$205 annually 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: KATINA CAHILL • MOMENTUM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2062982
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.