2916 DUCK HOLLOW LaneCove 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 2916 DUCK HOLLOW Lane, Cove Springs, FL, 32043 offers $2,726/mo rent that, after a $1,738/mo payment, leaves $370/mo cash flow. Total monthly income is $2,726/mo, and annual cash flow is $4,437/yr on $117,683 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 9.21% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 123.64% and total cumulative return in cash reaches $145,500. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,726/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,969 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: JOHN WIMBERLY CLEMENTS • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2101439