For real estate investors, understanding cash on cash return (COC) is crucial for maximizing profits and making informed investment decisions. In Callahan, the potential for lucrative returns is evident, with recent deals showcasing impressive COC rates. For instance, a single-family property boasts a COC of 13.6%, while a manufactured home offers a solid 13.2%. These figures highlight the opportunities available in this vibrant market.
This article will delve into the most promising real estate deals in Callahan, focusing on properties that not only deliver high cash on cash returns but also present other attractive characteristics. By analyzing these data points, investors can identify lucrative opportunities that align with their financial goals.
Understanding which data matters most—such as cash flow, cap rate, and total payment—can significantly assist investors in making strategic decisions. With the right insights, you can navigate the Callahan real estate landscape and uncover investments that yield substantial returns.
Did you know that Callahan is part of the Jacksonville metropolitan area, which has seen a steady increase in property values over the past decade? This trend further emphasizes the potential for growth and profitability in the local real estate market.
| 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 | Single Family | 13.6% | $465,000 | $3,974 | $2,921 | $3,819 | 9.9% | $1,053 | 9.8 | 1.5 | $2,475 | $291 | $0 | $155 |
| Sign up for a free account to view this property's address and details. | Callahan, FL | Manufactured | 13.2% | $239,000 | $1,910 | $1,385 | $1,838 | 9.2% | $525 | 10.4 | 1.5 | $1,186 | $127 | $0 | $72 |
| 10906 VENTNOR Avenue, Jacksonville, FL 32218 | Jacksonville, FL | Single Family | -1.6% | $350,000 | $1,995 | $2,087 | $1,834 | 6.3% | -$92 | 14.6 | 1.1 | $1,733 | $193 | $56 | $105 |
Location: 11010 BRIDGES Road, Jacksonville, FL 32218
Cash on Cash Return: 13.6%
Price: $465,000
Rent: $3,974
Total Payment: $2,921
Cap Rate: 9.9%
Cash Flow: $1,053
GRM: 9.8
DSCR: 1.5
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home is a standout investment due to its impressive cash on cash return and strong cap rate. Located in a growing area, it offers a solid rental income that exceeds the total payment, resulting in positive cash flow. The property’s appeal lies in its location and the potential for appreciation, making it a smart choice for investors seeking high returns.
Location: 540854 LEM TURNER Road, Callahan, FL 32011
Cash on Cash Return: 13.2%
Price: $239,000
Rent: $1,910
Total Payment: $1,385
Cap Rate: 9.2%
Cash Flow: $525
GRM: 10.4
DSCR: 1.5
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home presents a fantastic investment opportunity with a solid cash on cash return. The property is well-positioned in a desirable area, providing a steady rental income that contributes to its positive cash flow. Investors will appreciate the affordability and potential for growth in this market.
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 produce income compared to its value. These metrics suggest that the listed properties in Callahan are not only profitable but also present 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 properties listed have favorable GRM and DSCR values, indicating a strong potential for positive cash flow and manageable risk.
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 single-family home, an investor could see an increase in cash flow, making the property even more attractive.
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 provide better long-term appreciation. The properties listed demonstrate that both types can yield strong returns, making them viable options for investors in Callahan.
With its high cash flow properties and strong cap rates, Callahan stands out as an excellent choice for real estate investors. The featured properties showcase the potential for solid returns and positive rental income. Don’t miss out on these investment opportunities—contact us today for more information or to sign up for real-time updates on high-return properties in Callahan!
Act quickly on these high-return properties before they are sold! Sign up for updates or request more information about specific properties today!