2084 WATER CREST 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 2084 WATER CREST Drive, Fleming Island, FL, 32003 offers a 7.16% rental yield on a $476,000 purchase with $2,842/mo rent. 46% in year one. Equity gained on principal adds $3,072/yr while 5% annual appreciation supports $131,510 over five years. Portfolio math shows five-year ROI at 90.29% and total cumulative return in cash at $142,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,842/mo property income against a $2,330/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
10,454 sqft lot
$N/A/sqft
$60 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: GREGORY MOSLEY • RE/MAX SPECIALISTS
Mls Name: realMLS
Mls Provider:
Mls ID: #2047607
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.