6589 Grande Oak LoopGrand RidgeFL32442
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
Investment Highlights
Investment property for sale in Grand Ridge at 6589 Grande Oak Loop, Grand Ridge, FL, 32442 earns $211/mo cash flow from $1,405/mo rent with a $881/mo payment. Total monthly income totals $1,405/mo, and annual cash flow totals $2,528/yr on $59,637 capital. ROI tracks 24.15% on current figures, and rental yield reads 9.37% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 126.18% and total cumulative return in cash sums $75,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,405/mo property income instead of your personal income.
Single Family
Built in 2023
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32442, Grand Ridge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,748 (100%) |
| Owner Occupied HU | 1,211 (69.3%) |
| Renter Occupied HU | 299 (17.1%) |
| Vacant Housing Units | 238 (13.6%) |
| Median Home Value | $183,778 |
| Average Home Value | $215,033 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,643
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren M Lyons • Chipola Realty
Mls Name: CPAR
Mls ID: #779131