3133 FOREST VIEW 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
Investment property for sale in Cove Springs at 3133 FOREST VIEW Lane, Cove Springs, FL, 32043 uses $101,472 cash to close to unlock $10,331/yr annual cash flow and $861/mo monthly cash flow. Total monthly income runs $2,892/mo, and a $1,498/mo payment keeps the spread at $861/mo. Purchase price stands at $306,100, and rental yield measures 11.34% with $2,892/mo rent. Return on cash invested shows 30.09% in year one, and 5% annual appreciation builds toward $84,570 over five years. Five-year ROI reaches 158.01% and total cumulative return in cash records $160,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,892/mo property income covering a $1,498/mo payment rather than investor’s personal income.
Single Family
Built in 2024
871.20 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: BRIAN WILSON • ADAMS HOMES REALTY INC
Mls Name: realMLS
Mls ID: #2050182