3245 PIPERS WayCove 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 3245 PIPERS Way, Cove Springs, FL, 32043 earns from $2,892/mo rent with a $2,731/mo payment. Total monthly income totals $2,892/mo. ROI tracks 14.68% on current figures, and rental yield reads 6.22% at a $557,990 purchase. Equity gained on principal adds $3,601/yr, and 5% annual appreciation supports $154,162 over five years. Five-year ROI reaches 75.38% and total cumulative return in cash sums $138,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,892/mo property income instead of your personal income.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
$150 annually 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: NANCY PRUITT • OLYMPUS EXECUTIVE REALTY, INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2095420
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.