For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Bryceville, the market is ripe with opportunities that boast impressive COC figures, making it an attractive destination for savvy investors. For instance, a manufactured property recently listed offers a remarkable 16.6% cash on cash return, with a purchase price of $200,000 and a monthly rent of $1,716. Meanwhile, single-family homes are also making waves, with one property showing a COC of 5.5% and another at 1.2%. This article will delve into the lucrative deals available in Bryceville, highlighting properties with high cash on cash returns and other compelling data points that can guide investors in making informed decisions.
Why does this matter? The right data can illuminate the path to profitable investments, helping you identify which properties will yield the best returns. With the right insights, you can navigate the Bryceville real estate landscape with confidence and precision.
Did you know that Florida's real estate market has seen a surge in demand, with a notable increase in property values over the past decade? This trend underscores the importance of staying informed about market dynamics and investment opportunities.
| 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. | Jacksonville, FL | Manufactured | 16.6% | $200,000 | $1,716 | $1,162 | $1,656 | 9.9% | $554 | 9.7 | 1.7 | $992 | $110 | $0 | $60 |
| 2011 APRIL OAKS Drive, Jacksonville, FL 32221 | Jacksonville, FL | Single Family | 5.5% | $356,000 | $2,426 | $2,099 | $2,286 | 7.7% | $327 | 12.2 | 1.3 | $1,763 | $196 | $33 | $107 |
| 508 S MARTIN LAKES Drive, Jacksonville, FL 32220 | Jacksonville, FL | Single Family | 1.2% | $388,000 | $2,523 | $2,447 | $2,359 | 7.3% | $76 | 12.8 | 1.2 | $2,040 | $243 | $35 | $129 |
| 35020 KAREN Road, Callahan, FL 32011 | Callahan, FL | Single Family | -4.3% | $559,000 | $2,834 | $3,234 | $2,666 | 5.7% | -$400 | 16.4 | 1.0 | $2,768 | $298 | $0 | $168 |
| 231 3RD Street W, Baldwin, FL 32234 | Baldwin, FL | Single Family | -5.2% | $295,000 | $1,456 | $1,712 | $1,367 | 5.6% | -$256 | 16.9 | 0.9 | $1,461 | $162 | $0 | $89 |
| 17405 BRANDY BRANCH Road, Jacksonville, FL 32234 | Jacksonville, FL | Single Family | -6.0% | $369,900 | $1,778 | $2,146 | $1,667 | 5.4% | -$368 | 17.3 | 0.9 | $1,832 | $203 | $0 | $111 |
| 806 WELLHOUSE Drive, Jacksonville, FL 32220 | Jacksonville, FL | Single Family | -6.9% | $517,000 | $2,422 | $3,013 | $2,253 | 5.2% | -$591 | 17.8 | 0.9 | $2,560 | $284 | $14 | $155 |
| 10131 FAIR HILL Court, Jacksonville, FL 32219 | Jacksonville, FL | Single Family | -7.1% | $590,000 | $2,753 | $3,453 | $2,501 | 5.1% | -$700 | 17.9 | 0.9 | $2,876 | $325 | $75 | $177 |
| 11062 BLAZING RIDGE Court, Jacksonville, FL 32219 | Jacksonville, FL | Single Family | -12.2% | $599,000 | $2,314 | $3,531 | $2,044 | 4.1% | -$1,217 | 21.6 | 0.7 | $2,932 | $329 | $90 | $180 |
Cash on Cash Return: 16.6%
Price: $200,000
Rent: $1,716
Total Payment: $1,162
Cap Rate: 9.9%
Cash Flow: $554
GRM: 9.7
DSCR: 1.7
Location: Chaffee Rd N, Jacksonville
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home stands out due to its impressive cash on cash return of 16.6%. Located in a growing neighborhood, it offers a strong cap rate of 9.9% and a positive cash flow of $554. The property is well-positioned for rental demand, making it an attractive option for investors seeking high cash flow properties in Bryceville.
Cash on Cash Return: 5.5%
Price: $356,000
Rent: $2,426
Total Payment: $2,099
Cap Rate: 7.7%
Cash Flow: $327
GRM: 12.2
DSCR: 1.3
Location: APRIL OAKS Drive, Jacksonville
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home offers a solid investment opportunity with a cash on cash return of 5.5%. The property generates a monthly rent of $2,426, resulting in a cash flow of $327. With a cap rate of 7.7%, it is a reliable choice for investors looking for rental properties for sale in Bryceville.
Cash on Cash Return: 1.2%
Price: $388,000
Rent: $2,523
Total Payment: $2,447
Cap Rate: 7.3%
Cash Flow: $76
GRM: 12.8
DSCR: 1.2
Location: S MARTIN LAKES Drive, Jacksonville
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home, while offering a lower cash on cash return of 1.2%, still presents a viable investment with a cap rate of 7.3%. The property’s rental income of $2,523 provides a modest cash flow of $76, making it a potential option for investors focused on long-term appreciation.
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 profitability. The properties listed above exemplify these metrics, making them prime candidates for investment in Bryceville.
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 manufactured home on Chaffee Rd N has a GRM of 9.7 and a DSCR of 1.7, indicating a strong investment potential.
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, by reducing insurance costs on the manufactured home, investors could see an increase in cash flow, further improving their return on investment.
Investing in condos versus single-family homes presents different advantages. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate more over time. The properties listed demonstrate that both types can yield strong returns, depending on the investor's strategy.
Bryceville offers a range of investment properties with high cash flow and strong cap rates. The manufactured home and single-family homes highlighted above showcase the potential for solid returns. With its growing economy and rental demand, Bryceville is an excellent choice for real estate investors. Act quickly on these high-return properties before they are sold! Contact us for more information or sign up for real-time updates on investment opportunities in Bryceville.