2069 DENTON TRACECove 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
Rental property for sale in Cove Springs at 2069 DENTON TRACE, Cove Springs, FL, 32043 generates $2,872/mo in rent and, after a $1,835/mo payment, leaves $384/mo in cash flow. Total monthly income is $2,872/mo, and annual cash flow is $4,606/yr on $124,313 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 9.19% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 123.3% and total cumulative return in cash sums $153,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,872/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
No 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: JULIETTE VAUGHN • WATSON REALTY CORP
Mls Name: realMLS
Mls ID: #2096839