348 S 2ND StreetMacclennyFL32063
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 348 S 2ND Street, Macclenny, FL, 32063 in Macclenny is listed at $185,000 and delivers $1,750/mo in rent and $498/mo in net monthly cash flow. The 11.35% yield and 2.10 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $51,112 over five years, and $1,704/yr in principal reduction supplements cash return. Total projected cumulative return: $102,677.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $498 | $300 |
City averages based on Macclenny market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,750 |
| Total Monthly Debt Service | $1,178 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32063, Macclenny, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 3,835 (70.8%) |
| Renter Occupied HU | 1,261 (23.3%) |
| Vacant Housing Units | 322 ( 5.9%) |
| Median Home Value | $261,008 |
| Average Home Value | $291,361 |
Housing Distribution
Address Breakdown
Residential
5,341
Single Family
5,297
Multi-Family
44
Businesses
483
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1954
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32063, Macclenny, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 3,835 (70.8%) |
| Renter Occupied HU | 1,261 (23.3%) |
| Vacant Housing Units | 322 ( 5.9%) |
| Median Home Value | $261,008 |
| Average Home Value | $291,361 |
Housing Distribution
Address Breakdown
Residential
5,341
Single Family
5,297
Multi-Family
44
Businesses
483
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices