3764 STATE ROAD 16 WGreen Cove 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 Green Cove Springs at 3764 STATE ROAD 16 W, Green Cove Springs, FL, 32043 generates $2,952/mo in rent, after a $3,059/mo payment. Total monthly income is $2,952/mo. Return on cash invested sits at 13.08% in year one, and rental yield is 5.67% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 66.8% and total cumulative return in cash sums $137,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,952/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
5.38 Acres 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: SCOTT TOWE • AT HOME REALTY SERVICES, LLC.
Mls Name: realMLS
Mls ID: #2105796