3313 LOOFAH PlaceCove 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 3313 LOOFAH Place, Cove Springs, FL, 32043 offers $2,942/mo rent that, after a $2,521/mo payment. Total monthly income is $2,942/mo. Return on cash invested measures 16.35% in year one, and rental yield stands at 6.86% at a $515,000 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 84.43% and total cumulative return in cash reaches $143,053. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,942/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
7,840 sqft lot
$N/A/sqft
$581 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: MARY SINGLEY • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2083906
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.