2409 RUSSELL RoadGreen Cove 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 Green Cove Springs at 2409 RUSSELL Road, Green Cove Springs, FL, 32043 offers $1,824/mo rent that, after a $1,317/mo payment, leaves $38/mo cash flow. Total monthly income is $1,824/mo, and annual cash flow is $462/yr on $89,174 cash. Return on cash invested measures 20.43% in year one, and rental yield stands at 8.14% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 106.23% and total cumulative return in cash reaches $94,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,824/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.51 Acres 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: JAKE O GIVENS • BETROS REALTY INC
Mls Name: realMLS
Mls ID: #2104526