For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Crescent City, the potential for lucrative investments is evident, with single-family properties showcasing impressive COC figures. For instance, one property boasts a staggering 152.2% cash on cash return, purchased for just $49,900, while another offers a solid 76.3% return at a price of $79,995. These compelling data points highlight the opportunities available in this vibrant market.
This article will delve into the most attractive real estate deals in Crescent City, focusing on properties with high cash on cash returns and other key financial metrics. By analyzing these deals, investors can identify lucrative opportunities that align with their investment strategies.
Understanding which data points matter most—such as cash flow, cap rate, and total payment—can empower investors to make informed decisions. With the right insights, you can navigate the Crescent City real estate landscape and uncover investments that promise substantial returns.
Did you know that Florida ranks among the top states for real estate investment, with a growing population and a robust rental market? This makes Crescent City an even more attractive option 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. | Satsuma, FL | Single Family | 152.2% | $49,900 | $1,564 | $298 | $1,549 | 37.3% | $1,266 | 2.7 | 6.1 | $253 | $30 | $0 | $15 |
| Sign up for a free account to view this property's address and details. | Crescent City, FL | Single Family | 76.3% | $79,995 | $1,493 | $476 | $1,469 | 22.0% | $1,017 | 4.5 | 3.6 | $405 | $47 | $0 | $24 |
| Sign up for a free account to view this property's address and details. | Satsuma, FL | Single Family | 64.5% | $189,900 | $3,175 | $1,133 | $3,118 | 19.7% | $2,042 | 5.0 | 3.2 | $964 | $112 | $0 | $57 |
| Sign up for a free account to view this property's address and details. | Georgetown, FL | Manufactured | 30.4% | $120,000 | $1,323 | $715 | $1,287 | 12.9% | $608 | 7.6 | 2.1 | $608 | $71 | $0 | $36 |
| Sign up for a free account to view this property's address and details. | Welaka, FL | Single Family | 29.8% | $184,900 | $2,020 | $1,103 | $1,965 | 12.8% | $917 | 7.6 | 2.1 | $939 | $109 | $0 | $55 |
| Sign up for a free account to view this property's address and details. | Crescent City, FL | Single Family | 28.8% | $188,500 | $2,032 | $1,128 | $1,975 | 12.6% | $904 | 7.7 | 2.1 | $959 | $112 | $0 | $57 |
| Sign up for a free account to view this property's address and details. | Pomona Park, FL | Manufactured | 26.6% | $149,000 | $1,551 | $891 | $1,506 | 12.1% | $660 | 8.0 | 2.0 | $758 | $88 | $0 | $45 |
| Sign up for a free account to view this property's address and details. | Seville, FL | Manufactured | 18.2% | $223,000 | $2,012 | $1,335 | $1,945 | 10.5% | $677 | 9.2 | 1.7 | $1,132 | $136 | $0 | $67 |
| Sign up for a free account to view this property's address and details. | Satsuma, FL | Manufactured | 18.1% | $199,900 | $1,796 | $1,193 | $1,736 | 10.4% | $603 | 9.3 | 1.7 | $1,015 | $118 | $0 | $60 |
| Sign up for a free account to view this property's address and details. | Pomona Park, FL | Single Family | 17.7% | $150,000 | $1,340 | $897 | $1,295 | 10.4% | $443 | 9.3 | 1.7 | $763 | $89 | $0 | $45 |
| Sign up for a free account to view this property's address and details. | Satsuma, FL | Manufactured | 16.0% | $239,900 | $2,075 | $1,435 | $2,003 | 10.0% | $640 | 9.6 | 1.6 | $1,221 | $142 | $0 | $72 |
| Sign up for a free account to view this property's address and details. | Crescent City, FL | Single Family | 14.5% | $269,000 | $2,241 | $1,593 | $2,160 | 9.6% | $648 | 10.0 | 1.6 | $1,353 | $159 | $0 | $81 |
| Sign up for a free account to view this property's address and details. | Welaka, FL | Single Family | 13.9% | $199,000 | $1,648 | $1,188 | $1,588 | 9.6% | $460 | 10.1 | 1.6 | $1,010 | $118 | $0 | $60 |
| Sign up for a free account to view this property's address and details. | Satsuma, FL | Manufactured | 12.7% | $219,900 | $1,781 | $1,315 | $1,715 | 9.4% | $466 | 10.3 | 1.5 | $1,119 | $130 | $0 | $66 |
| Sign up for a free account to view this property's address and details. | Pomona Park, FL | Single Family | 12.5% | $199,900 | $1,608 | $1,193 | $1,548 | 9.3% | $415 | 10.4 | 1.5 | $1,015 | $118 | $0 | $60 |
| 209 E MAIN Street, Pomona Park, FL 32181 | Pomona Park, FL | Single Family | 6.9% | $214,900 | $1,529 | $1,282 | $1,465 | 8.2% | $247 | 11.7 | 1.3 | $1,091 | $127 | $0 | $64 |
| 7827 NE 310th Ave, Fort Mc Coy, FL 32134 | Fort Mc Coy, FL | Single Family | 3.7% | $750,000 | $4,836 | $4,372 | $4,611 | 7.4% | $464 | 12.9 | 1.2 | $3,722 | $425 | $0 | $225 |
| 225 Gardenia Ave, Georgetown, FL 32139 | Georgetown, FL | Single Family | 2.0% | $214,900 | $1,357 | $1,286 | $1,289 | 7.2% | $71 | 13.2 | 1.2 | $1,091 | $127 | $4 | $64 |
| 224 OAK RIDGE Drive, Welaka, FL 32193 | Welaka, FL | Single Family | 2.0% | $350,000 | $2,193 | $2,078 | $2,088 | 7.2% | $115 | 13.3 | 1.2 | $1,766 | $207 | $0 | $105 |
| 140 PEAR Street, Welaka, FL 32193 | Welaka, FL | Manufactured | 1.7% | $329,900 | $2,052 | $1,957 | $1,953 | 7.1% | $95 | 13.4 | 1.2 | $1,663 | $195 | $0 | $99 |
| 114 DREAM POND Road, Crescent City, FL 32112 | Crescent City, FL | Manufactured | 0.8% | $224,900 | $1,373 | $1,344 | $1,306 | 7.0% | $29 | 13.7 | 1.1 | $1,144 | $133 | $0 | $67 |
| 604 2ND Avenue, Welaka, FL 32193 | Welaka, FL | Single Family | 0.6% | $264,900 | $1,598 | $1,571 | $1,519 | 6.9% | $27 | 13.8 | 1.1 | $1,335 | $157 | $0 | $79 |
| 118 LAKEWAY Drive, Georgetown, FL 32139 | Georgetown, FL | Single Family | -3.4% | $249,000 | $1,343 | $1,486 | $1,268 | 6.1% | -$143 | 15.5 | 1.0 | $1,264 | $147 | $0 | $75 |
| 117 PALMETTO Road, Georgetown, FL 32139 | Georgetown, FL | Single Family | -5.4% | $399,000 | $2,006 | $2,363 | $1,886 | 5.7% | -$357 | 16.6 | 0.9 | $2,007 | $236 | $0 | $120 |
| 121 S LAKE GEORGE Drive, Georgetown, FL 32139 | Georgetown, FL | Single Family | -6.8% | $274,000 | $1,311 | $1,622 | $1,229 | 5.4% | -$311 | 17.4 | 0.9 | $1,378 | $162 | $0 | $82 |
| 134 Lake St, Pomona Park, FL 32181 | Pomona Park, FL | Single Family | -7.9% | $443,500 | $2,043 | $2,626 | $1,910 | 5.2% | -$583 | 18.1 | 0.9 | $2,231 | $262 | $0 | $133 |
| 504 Raulerson Rd, Seville, FL 32190 | Seville, FL | Single Family | -8.3% | $649,900 | $2,908 | $3,812 | $2,713 | 5.0% | -$904 | 18.6 | 0.8 | $3,222 | $395 | $0 | $195 |
| 1565 COUNTY ROAD 309, Georgetown, FL 32139 | Georgetown, FL | Single Family | -9.4% | $488,000 | $2,122 | $2,890 | $1,976 | 4.9% | -$768 | 19.2 | 0.8 | $2,455 | $289 | $0 | $146 |
| 116 BANANA Lane, Pomona Park, FL 32181 | Pomona Park, FL | Single Family | -10.2% | $399,000 | $1,686 | $2,367 | $1,566 | 4.7% | -$681 | 19.7 | 0.8 | $2,011 | $236 | $0 | $120 |
| 9745 NE 306th Ct, Salt Springs, FL 32134 | Salt Springs, FL | Single Family | -11.4% | $499,900 | $1,995 | $2,948 | $1,845 | 4.4% | -$953 | 20.9 | 0.7 | $2,515 | $283 | $0 | $150 |
| 101 BEECHERS POINT Drive, Welaka, FL 32193 | Welaka, FL | Single Family | -11.5% | $999,999 | $4,044 | $5,959 | $3,744 | 4.5% | -$1,915 | 20.6 | 0.7 | $5,067 | $592 | $0 | $300 |
| 189 SISCO Road, Pomona Park, FL 32181 | Pomona Park, FL | Single Family | -11.9% | $589,000 | $2,275 | $3,448 | $2,098 | 4.3% | -$1,173 | 21.6 | 0.7 | $2,923 | $348 | $0 | $177 |
| 9021 NE 310th Ave, Salt Springs, FL 32134 | Salt Springs, FL | Single Family | -19.6% | $700,000 | $1,794 | $4,081 | $1,584 | 2.7% | -$2,287 | 32.5 | 0.5 | $3,474 | $397 | $0 | $210 |
Cash on Cash Return: 152.2%
Price: $49,900
Rent: $1,564
Total Payment: $298
Cap Rate: 37.3%
Cash Flow: $1,266
GRM: 2.7
DSCR: 6.1
Location: Florida Boulevard, Satsuma
Last Updated: 12/14/2024
First Seen: 12/14/2024
This single-family home on Florida Boulevard offers an exceptional cash on cash return of 152.2%. With a low purchase price of $49,900 and a strong rental income of $1,564, this property stands out for its impressive cap rate of 37.3%. The cash flow of $1,266 monthly makes it a highly attractive investment for those looking to maximize their returns.
Cash on Cash Return: 76.3%
Price: $79,995
Rent: $1,493
Total Payment: $476
Cap Rate: 22.0%
Cash Flow: $1,017
GRM: 4.5
DSCR: 3.6
Location: Persian Place, Crescent City
Last Updated: 12/14/2024
First Seen: 12/14/2024
This property on Persian Place is another excellent investment opportunity, featuring a cash on cash return of 76.3%. Priced at $79,995, it generates a rental income of $1,493, resulting in a solid cash flow of $1,017. With a cap rate of 22.0%, this property is ideal for investors seeking reliable income.
Cash on Cash Return: 64.5%
Price: $189,900
Rent: $3,175
Total Payment: $1,133
Cap Rate: 19.7%
Cash Flow: $2,042
GRM: 5.0
DSCR: 3.2
Location: Smith Lane, Satsuma
Last Updated: 12/14/2024
First Seen: 12/14/2024
Located on Smith Lane, this single-family home offers a cash on cash return of 64.5%. With a price of $189,900 and a rental income of $3,175, it provides a cash flow of $2,042. The cap rate of 19.7% indicates strong profitability, making it a valuable addition to any investment portfolio.
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. Similarly, a strong cap rate reflects the property's ability to produce income compared to its value. These metrics suggest that the properties listed above are not only profitable but also present low-risk investment opportunities in Crescent City.
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 property on Florida Boulevard, an investor could see an increase in cash flow, further improving the overall return on investment.
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 Crescent City.
The investment properties highlighted above showcase the potential for high returns in Crescent City. With strong cash flow, impressive cap rates, and favorable GRM and DSCR metrics, these properties are ideal for investors looking to capitalize on the growing market. Don’t miss out on these opportunities—contact us today for more information or to sign up for real-time updates on high-return investment properties in Crescent City!