2168 DEER RUN LaneFleming 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 2168 DEER RUN Lane, Fleming Island, FL, 32003 uses $111,053 cash to close to unlock $11,046/yr annual cash flow and $920/mo monthly cash flow. Total monthly income runs $3,166/mo, and a $1,640/mo payment keeps the spread at $920/mo. Purchase price stands at $335,000, and rental yield measures 11.34% with $3,166/mo rent. Return on cash invested shows 29.86% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 156.86% and total cumulative return in cash records $174,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,166/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.51 Acres lot
$N/A/sqft
No 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: SHANNON MCLEOD • WATSON REALTY CORP
Mls Name: realMLS
Mls Provider:
Mls ID: #2095748
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.