2146 Aaron AveGrand RidgeFL32442
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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 Grand Ridge at 2146 Aaron Ave, Grand Ridge, FL, 32442 generates $1,757/mo in rent and, after a $1,273/mo payment, leaves $31/mo in cash flow. Total monthly income is $1,757/mo, and annual cash flow is $374/yr on $86,190 invested. Return on cash invested sits at 20.34% in year one, and rental yield is 8.11% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 105.79% and total cumulative return in cash sums $91,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,757/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32442, Grand Ridge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,748 (100%) |
| Owner Occupied HU | 1,211 (69.3%) |
| Renter Occupied HU | 299 (17.1%) |
| Vacant Housing Units | 238 (13.6%) |
| Median Home Value | $183,778 |
| Average Home Value | $215,033 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,643
Multi-Family
0
Businesses
42
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Listed by: Lucia Aufdembrink • Joe Manausa Real Estate
Mls Name: TBR
Mls Provider:
Mls ID: #381046
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. Information is deemed reliable but not guaranteed.