For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Astor, the potential for lucrative investments is evident, with remarkable deals showcasing impressive COC figures. For instance, a manufactured home is available for just $18,000, boasting a staggering COC of 537.0%. Meanwhile, a single-family property priced at $65,000 offers a COC of 99.5%, demonstrating the diverse opportunities in this market.
This article will delve into the most attractive real estate deals in Astor, highlighting properties with high cash on cash returns and other compelling data points. By analyzing these figures, investors can identify lucrative opportunities that align with their financial goals.
Understanding key metrics such as cash flow, cap rate, and net operating income (NOI) is essential for making informed investment decisions. With the right data at your fingertips, you can navigate the Astor real estate landscape with confidence and uncover the best investment opportunities.
Did you know that Florida has one of the highest rates of population growth in the United States? This trend continues to drive demand for real estate, making it an attractive market for savvy investors.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Astor, FL | Manufactured | 537.0% | $18,000 | $1,718 | $107 | $1,713 | 114.2% | $1,611 | 0.9 | 18.8 | $91 | $11 | $0 | $5 |
| Sign up for a free account to view this property's address and details. | Paisley, FL | Single Family | 99.5% | $65,000 | $1,466 | $388 | $1,446 | 26.7% | $1,078 | 3.7 | 4.4 | $329 | $39 | $0 | $20 |
| Sign up for a free account to view this property's address and details. | Paisley, FL | Manufactured | 83.4% | $89,000 | $1,768 | $531 | $1,741 | 23.5% | $1,237 | 4.2 | 3.9 | $451 | $53 | $0 | $27 |
| Sign up for a free account to view this property's address and details. | Pierson, FL | Manufactured | 56.8% | $99,500 | $1,537 | $595 | $1,507 | 18.2% | $942 | 5.4 | 3.0 | $504 | $61 | $0 | $30 |
| Sign up for a free account to view this property's address and details. | Astor, FL | Manufactured | 41.4% | $149,000 | $1,918 | $891 | $1,873 | 15.1% | $1,027 | 6.5 | 2.5 | $757 | $89 | $0 | $45 |
| Sign up for a free account to view this property's address and details. | Pierson, FL | Single Family | 33.8% | $165,000 | $1,920 | $990 | $1,870 | 13.6% | $930 | 7.2 | 2.2 | $840 | $100 | $0 | $50 |
| Sign up for a free account to view this property's address and details. | Altoona, FL | Manufactured | 31.8% | $154,900 | $1,746 | $926 | $1,700 | 13.2% | $820 | 7.4 | 2.2 | $787 | $93 | $0 | $46 |
| Sign up for a free account to view this property's address and details. | Deland, FL | Manufactured | 28.6% | $149,900 | $1,613 | $898 | $1,568 | 12.6% | $715 | 7.7 | 2.1 | $763 | $90 | $0 | $45 |
| Sign up for a free account to view this property's address and details. | Paisley, FL | Manufactured | 22.2% | $225,000 | $2,179 | $1,345 | $2,111 | 11.3% | $834 | 8.6 | 1.8 | $1,142 | $135 | $0 | $68 |
| Sign up for a free account to view this property's address and details. | Astor, FL | Manufactured | 19.2% | $180,000 | $1,651 | $1,076 | $1,597 | 10.6% | $575 | 9.1 | 1.7 | $914 | $108 | $0 | $54 |
| Sign up for a free account to view this property's address and details. | Astor, FL | Manufactured | 18.3% | $210,000 | $1,894 | $1,255 | $1,831 | 10.5% | $639 | 9.2 | 1.7 | $1,066 | $126 | $0 | $63 |
| Sign up for a free account to view this property's address and details. | Paisley, FL | Single Family | 17.5% | $199,000 | $1,768 | $1,189 | $1,708 | 10.3% | $579 | 9.4 | 1.7 | $1,010 | $119 | $0 | $60 |
| Sign up for a free account to view this property's address and details. | Pierson, FL | Single Family | 12.8% | $425,000 | $3,436 | $2,529 | $3,308 | 9.3% | $907 | 10.3 | 1.5 | $2,142 | $259 | $0 | $128 |
| 29445 Central Blvd, Paisley, FL 32767 | Paisley, FL | Manufactured | 4.2% | $279,000 | $1,849 | $1,654 | $1,765 | 7.6% | $195 | 12.6 | 1.3 | $1,403 | $167 | $0 | $84 |
| 263 S Center St, Pierson, FL 32180 | Pierson, FL | Single Family | 4.2% | $389,900 | $2,589 | $2,319 | $2,472 | 7.6% | $270 | 12.5 | 1.3 | $1,965 | $237 | $0 | $117 |
| 1640 Juno Trl APT 104H, Astor, FL 32102 | Astor, FL | Condo | -0.8% | $264,900 | $1,868 | $1,903 | $1,459 | 6.6% | -$35 | 11.8 | 1.1 | $1,333 | $161 | $330 | $79 |
| 1610 Yellow Brick Rd, Astor, FL 32102 | Astor, FL | Single Family | -1.4% | $919,900 | $5,180 | $5,401 | $4,904 | 6.4% | -$221 | 14.8 | 1.1 | $4,565 | $560 | $0 | $276 |
| 320 Volusian Forest Trl, Pierson, FL 32180 | Pierson, FL | Single Family | -5.1% | $525,000 | $2,674 | $3,118 | $2,516 | 5.8% | -$444 | 16.4 | 1.0 | $2,641 | $319 | $0 | $158 |
| 8575 NE 305th Ave, Salt Springs, FL 32134 | Salt Springs, FL | Single Family | -6.7% | $225,900 | $1,091 | $1,343 | $1,023 | 5.4% | -$252 | 17.3 | 0.9 | $1,147 | $128 | $0 | $68 |
| 1633 Yellow Brick Rd, Astor, FL 32102 | Astor, FL | Single Family | -8.4% | $639,900 | $2,863 | $3,756 | $2,671 | 5.0% | -$893 | 18.6 | 0.8 | $3,175 | $389 | $0 | $192 |
| 353 Vannote Rd, Pierson, FL 32180 | Pierson, FL | Single Family | -19.7% | $900,000 | $2,326 | $5,279 | $2,056 | 2.7% | -$2,953 | 32.2 | 0.5 | $4,461 | $548 | $0 | $270 |
Cash on Cash Return: 537.0%
Price: $18,000
Rent: $1,718
Total Payment: $107
Cap Rate: 114.2%
Cash Flow: $1,611
GRM: 0.9
DSCR: 18.8
Location: McPherson Ln
Last Updated: 12/14/2024
First Seen: 12/14/2024
This manufactured home on McPherson Ln stands out due to its exceptional cash on cash return and impressive cap rate. With a rental income of $1,718 against a total payment of just $107, this property offers a remarkable cash flow of $1,611. Its location in Astor provides easy access to local amenities, making it an attractive option for renters.
Cash on Cash Return: 99.5%
Price: $65,000
Rent: $1,466
Total Payment: $388
Cap Rate: 26.7%
Cash Flow: $1,078
GRM: 3.7
DSCR: 4.4
Location: Bougainvillea Ave
Last Updated: 12/14/2024
First Seen: 12/14/2024
This single-family home on Bougainvillea Ave offers a strong cash on cash return of 99.5% and a solid cap rate of 26.7%. With a rental income of $1,466 and a total payment of $388, investors can expect a cash flow of $1,078. Its family-friendly neighborhood and proximity to schools make it a desirable rental option.
Cash on Cash Return: 83.4%
Price: $89,000
Rent: $1,768
Total Payment: $531
Cap Rate: 23.5%
Cash Flow: $1,237
GRM: 4.2
DSCR: 3.9
Location: Road Runner Rd
Last Updated: 12/14/2024
First Seen: 12/14/2024
This manufactured home on Road Runner Rd is another excellent investment opportunity, boasting a cash on cash return of 83.4% and a cap rate of 23.5%. With a rental income of $1,768 and a total payment of $531, the cash flow stands at $1,237. Its location offers a peaceful environment, appealing to renters seeking tranquility.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates significant income relative to the investment made, while a strong cap rate reflects the property's ability to generate income compared to its value. These metrics suggest that the listed properties in Astor are not only profitable but also present a lower risk for investors.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property's ability to cover its debt obligations. For instance, the GRM of the manufactured home on McPherson Ln is 0.9, indicating a quick return on investment, while the DSCR of 18.8 suggests a strong ability to cover debt.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, if the single-family home on Bougainvillea Ave reduces its total payment by $50 through cost-saving measures, the cash flow could increase by a similar amount, improving overall returns.
Investing in condos versus single-family homes each has its pros and cons. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate better over time. The properties listed demonstrate that both types can yield strong returns, making them viable options for investors in Astor.
The investment properties highlighted in this article showcase the lucrative opportunities available in Astor. With high cash flow, strong cap rates, and favorable market conditions, Astor is an excellent choice for real estate investors. Don't miss out on these high-return properties—contact us today for more information or to sign up for real-time updates on investment opportunities in Astor!