2378 RIVER PARKCove 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
Investment property for sale in Cove Springs at 2378 RIVER PARK, Cove Springs, FL, 32043 listed at $537,980 pairs $2,892/mo rent with a $2,633/mo payment. Total monthly income runs $2,892/mo. Return on cash invested measures 15.46% in year one, and rental yield registers 6.45% at a $537,980 basis. Equity gained on principal adds $3,472/yr, and annual property appreciation at 5% supports $148,634 by year five. Five-year ROI tracks 79.58% and total cumulative return in cash totals $140,860. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,892/mo property income relative to a $2,633/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
6,098 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: RICHELLE SMART • LENNAR REALTY INC
Mls Name: realMLS
Mls ID: #2124674