For real estate investors, understanding cash on cash return (COC) is crucial for maximizing profits and making informed investment decisions. In Fort White, the potential for lucrative opportunities is evident, with recent deals showcasing impressive COC rates. For instance, a manufactured home recently listed at $129,000 offers a staggering 37.4% COC, while a single-family property priced at $139,000 boasts a 34.3% COC. These figures highlight the attractive investment landscape in Fort White, where savvy investors can uncover high-yield opportunities.
This article will delve into the most promising real estate deals in Fort White, focusing on properties with exceptional cash on cash returns and other key data points that can guide your investment strategy. By analyzing these metrics, investors can identify lucrative opportunities that align with their financial goals.
Understanding which data points matter most—such as cash flow, cap rate, and total payment—can significantly enhance your decision-making process. With the right insights, you can navigate the Fort White real estate market with confidence and capitalize on the potential for substantial returns.
Did you know that Florida's real estate market has seen a consistent increase in property values, making it one of the top states for real estate investment? This trend further emphasizes the importance of staying informed about local market dynamics.
| 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. | High Springs, FL | Manufactured | 37.4% | $129,000 | $1,650 | $846 | $1,607 | 14.9% | $804 | 6.5 | 2.2 | $722 | $81 | $0 | $43 |
| Sign up for a free account to view this property's address and details. | Lake City, FL | Single Family | 34.3% | $139,000 | $1,597 | $803 | $1,555 | 13.4% | $794 | 7.3 | 2.3 | $690 | $71 | $0 | $42 |
| Sign up for a free account to view this property's address and details. | High Springs, FL | Single Family | 16.7% | $395,000 | $3,412 | $2,315 | $3,293 | 10.0% | $1,097 | 9.6 | 1.7 | $1,956 | $240 | $0 | $119 |
| Sign up for a free account to view this property's address and details. | Fort White, FL | Manufactured | 15.8% | $248,888 | $2,105 | $1,450 | $2,017 | 9.7% | $655 | 9.9 | 1.6 | $1,235 | $127 | $13 | $75 |
| Sign up for a free account to view this property's address and details. | High Springs, FL | Single Family | 13.0% | $448,000 | $3,757 | $2,785 | $3,608 | 9.7% | $972 | 9.9 | 1.5 | $2,356 | $280 | $0 | $149 |
| Sign up for a free account to view this property's address and details. | Fort White, FL | Manufactured | 12.8% | $132,000 | $1,147 | $865 | $1,103 | 10.0% | $282 | 9.6 | 1.5 | $738 | $83 | $0 | $44 |
| Sign up for a free account to view this property's address and details. | High Springs, FL | Single Family | 12.3% | $295,000 | $2,387 | $1,781 | $2,298 | 9.3% | $606 | 10.3 | 1.6 | $1,461 | $231 | $0 | $89 |
| 4923 SW Ichetucknee Ave, Fort White, FL 32038 | Fort White, FL | Single Family | 3.8% | $299,999 | $1,917 | $1,728 | $1,827 | 7.3% | $189 | 13.0 | 1.2 | $1,486 | $152 | $0 | $90 |
| 20809 NW 196th Ave, High Springs, FL 32643 | High Springs, FL | Single Family | 3.4% | $395,000 | $2,704 | $2,481 | $2,572 | 7.8% | $223 | 12.2 | 1.2 | $2,102 | $247 | $0 | $132 |
| 5159 NE 58th Ln, High Springs, FL 32643 | High Springs, FL | Single Family | 1.7% | $350,000 | $2,278 | $2,176 | $2,161 | 7.4% | $102 | 12.8 | 1.2 | $1,840 | $219 | $0 | $117 |
| 148 SW Bloomington Ter, Lake City, FL 32025 | Lake City, FL | Manufactured | 1.7% | $270,000 | $1,632 | $1,555 | $1,551 | 6.9% | $77 | 13.8 | 1.2 | $1,337 | $137 | $0 | $81 |
| 101 SE Jefferson Gln, High Springs, FL 32643 | High Springs, FL | Single Family | -0.5% | $475,000 | $2,697 | $2,736 | $2,554 | 6.5% | -$39 | 14.7 | 1.1 | $2,352 | $241 | $0 | $143 |
| 204 SW Sanders Way, Fort White, FL 32038 | Fort White, FL | Single Family | -0.7% | $359,900 | $2,040 | $2,079 | $1,932 | 6.4% | -$39 | 14.7 | 1.1 | $1,788 | $183 | $0 | $108 |
| 18409 High Springs Main St, High Springs, FL 32643 | High Springs, FL | Single Family | -1.9% | $419,900 | $2,401 | $2,534 | $2,275 | 6.5% | -$133 | 14.6 | 1.1 | $2,079 | $329 | $0 | $126 |
| 16446 NW 208th Way, High Springs, FL 32643 | High Springs, FL | Single Family | -3.4% | $625,000 | $3,385 | $3,737 | $3,184 | 6.1% | -$352 | 15.4 | 1.0 | $3,046 | $490 | $13 | $188 |
| 3929 284th St, Branford, FL 32008 | Branford, FL | Single Family | -5.0% | $330,000 | $1,692 | $1,965 | $1,578 | 5.7% | -$273 | 16.3 | 1.0 | $1,634 | $217 | $15 | $99 |
| 2192 SW Nautilus Rd, Lake City, FL 32024 | Lake City, FL | Single Family | -6.6% | $475,000 | $2,212 | $2,736 | $2,069 | 5.2% | -$524 | 17.9 | 0.9 | $2,352 | $241 | $0 | $143 |
| 23955 NW 184th Rd, High Springs, FL 32643 | High Springs, FL | Single Family | -11.3% | $374,500 | $1,594 | $2,302 | $1,469 | 4.7% | -$708 | 19.6 | 0.8 | $1,943 | $234 | $0 | $125 |
| 21309 NW 200th Ave, High Springs, FL 32643 | High Springs, FL | Single Family | -12.0% | $729,900 | $2,893 | $4,348 | $2,674 | 4.4% | -$1,455 | 21.0 | 0.8 | $3,557 | $572 | $0 | $219 |
| 23106 NW 183rd Ln, High Springs, FL 32643 | High Springs, FL | Single Family | -12.6% | $699,000 | $2,811 | $4,279 | $2,501 | 4.3% | -$1,468 | 20.7 | 0.7 | $3,421 | $548 | $100 | $210 |
Cash on Cash Return: 37.4%
Price: $129,000
Rent: $1,650
Total Payment: $846
Cap Rate: 14.9%
Cash Flow: $804
GRM: 6.5
DSCR: 2.2
Location: Bible Camp St, High Springs
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home stands out due to its impressive cash on cash return and strong cap rate. Located in a desirable area, it offers a solid rental income that significantly exceeds the total payment, resulting in a healthy cash flow. The property’s affordability and high demand for rentals in the region make it an attractive option for investors seeking reliable income.
Cash on Cash Return: 34.3%
Price: $139,000
Rent: $1,597
Total Payment: $803
Cap Rate: 13.4%
Cash Flow: $794
GRM: 7.3
DSCR: 2.3
Location: County Road 240, Lake City
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home offers a compelling investment opportunity with a strong cash flow and a favorable cap rate. Its location in a growing neighborhood enhances its appeal, making it a prime candidate for rental income. The property’s metrics indicate a solid return on investment, making it a wise choice for both new and seasoned investors.
Cash on Cash Return: 16.7%
Price: $395,000
Rent: $3,412
Total Payment: $2,315
Cap Rate: 10.0%
Cash Flow: $1,097
GRM: 9.6
DSCR: 1.7
Location: 65th Way, High Springs
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home, while priced higher, offers a substantial rental income that results in a positive cash flow. The cap rate is competitive, and the property is situated in a desirable area, making it a strong contender for investors looking for long-term appreciation and steady income.
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 properties listed above are not only profitable but also strategically positioned in a growing market.
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 Bible Camp St has a GRM of 6.5 and a DSCR of 2.2, indicating a strong potential for profitability and low 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, if the single-family home on County Road 240 reduces its insurance costs by $100 annually, the cash flow would increase, further improving the investment's attractiveness.
Investing in condos versus single-family homes presents different advantages. Condos often have lower maintenance costs and can provide higher cash flow due to lower purchase prices. However, single-family homes may offer better long-term appreciation. The properties listed demonstrate that both types can yield strong returns, depending on the investor's strategy and market conditions.
With a variety of investment properties offering high cash flow and strong cap rates, Fort White stands out as an excellent choice for real estate investors. The properties highlighted here showcase the potential for solid returns and the benefits of investing in this growing market. Don’t miss out on these high-return opportunities—contact us today for more information or to sign up for real-time updates on investment properties in Fort White!