504 DEER PATH RoadGreen 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
Investment property for sale in Green Cove Springs at 504 DEER PATH Road, Green Cove Springs, FL, 32043 uses $72,930 cash to close to unlock $7,234/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $2,063/mo, and a $1,077/mo payment keeps the spread at $603/mo. Purchase price stands at $220,000, and rental yield measures 11.25% with $2,063/mo rent. Return on cash invested shows 29.83% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 156.61% and total cumulative return in cash records $114,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,063/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
1.21 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: ERIC PARSONS • EXIT INSPIRED REAL ESTATE
Mls Name: realMLS
Mls Provider:
Mls ID: #2046356
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.