398 LOS PALMAS DriveFleming IslandFL32003
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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 Fleming Island at 398 LOS PALMAS Drive, Fleming Island, FL, 32003 at $372,500 posts ROI 22.6% with $277/mo cash flow from $2,749/mo rent. Total monthly income equals $2,749/mo, and annual cash flow records $3,327/yr on $123,484 to close. Return on cash invested measures 22.6% and rental yield reads 8.86% at the current $372,500. Equity gained on principal adds $2,404/yr, and 5% annual appreciation supports $102,915 by year five. Five-year ROI prints 117.91% and total cumulative return in cash totals $145,594.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,749/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32003, Orange Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,912 (100%) |
| Owner Occupied HU | 8,940 (75.1%) |
| Renter Occupied HU | 2,408 (20.2%) |
| Vacant Housing Units | 564 ( 4.7%) |
| Median Home Value | $432,265 |
| Average Home Value | $470,615 |
Housing Distribution
Address Breakdown
Residential
11,387
Single Family
9,618
Multi-Family
1,769
Businesses
531
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Listed by: INGRID DAVIS • IDEAL REALTY CONNECTIONS
Mls Name: realMLS
Mls Provider:
Mls ID: #2086456
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.