870 HIBERNIA FOREST DriveFleming IslandFL32003
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
Rental property for sale in Fleming Island at 870 HIBERNIA FOREST Drive, Fleming Island, FL, 32003 offers $2,326/mo rent that, after a $1,762/mo payment. Total monthly income is $2,326/mo. Return on cash invested measures 19.28% in year one, and rental yield stands at 7.76% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 100.07% and total cumulative return in cash reaches $119,390. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,326/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.47 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: TAMMY BARANOWSKI • MOMENTUM REALTY
Mls Name: realMLS
Mls ID: #2121678