2601 Falling Star Lane GrnCove 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 Cove Springs at 2601 Falling Star Lane Grn, Cove Springs, FL, 32043 priced at $323,100 pairs $2,274/mo rent with $130/mo cash flow after a $1,581/mo payment. Total monthly income equals $2,274/mo, and annual cash flow comes to $1,563/yr on $107,108 invested. Return on cash invested is 21.37% in year one, and rental yield stands at 8.45% on a $323,100 basis. Equity gained on principal adds $2,085/yr, and 5% annual appreciation accumulates to $89,267 by year five. Five-year ROI measures 111.28% and total cumulative return in cash reaches $119,188. For financing, Ziffy Mortgage’s DSCR program evaluates $2,274/mo property income against a $1,581/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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: N/A • N/A
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A