For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Hampton, the potential for lucrative investments is evident, with recent deals showcasing impressive COC figures. For instance, a manufactured home recently listed at $184,000 boasts a remarkable 21.3% cash on cash return, while a single-family property priced at $284,990 offers a solid 12.1% return. These figures highlight the opportunities available in the local market, making it essential for investors to stay informed.
This article will delve into the most promising real estate deals in Hampton, focusing on properties that not only provide high cash on cash returns but also feature other attractive data points such as cap rates and cash flow. By analyzing these metrics, investors can identify lucrative opportunities that align with their financial goals.
Understanding which data points matter most—like cash flow, cap rates, and the overall market trends—can empower investors to make informed decisions. With the right insights, you can navigate the Hampton real estate landscape effectively and capitalize on the potential for significant returns.
| 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. | Hawthorne, FL | Manufactured | 21.3% | $184,000 | $1,763 | $1,109 | $1,708 | 11.1% | $654 | 8.7 | 1.9 | $910 | $144 | $0 | $55 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Single Family | 12.1% | $284,990 | $2,223 | $1,646 | $2,138 | 9.0% | $577 | 10.7 | 1.5 | $1,411 | $150 | $0 | $85 |
| 16606 NE 19TH Avenue, Starke, FL 32091 | Starke, FL | Single Family | 7.1% | $284,000 | $1,975 | $1,640 | $1,890 | 8.0% | $335 | 12.0 | 1.3 | $1,406 | $149 | $0 | $85 |
| 504 LEGION Terrace, Starke, FL 32091 | Starke, FL | Single Family | 5.5% | $235,000 | $1,692 | $1,476 | $1,614 | 8.2% | $216 | 11.6 | 1.3 | $1,251 | $147 | $0 | $78 |
| 11311 NE 211TH Terrace, Waldo, FL 32694 | Waldo, FL | Single Family | 3.4% | $300,000 | $2,046 | $1,878 | $1,913 | 7.7% | $168 | 12.2 | 1.2 | $1,557 | $188 | $33 | $100 |
| 405 SE 28TH WAY Way, Melrose, FL 32666 | Melrose, FL | Single Family | 3.3% | $474,900 | $3,247 | $2,983 | $3,089 | 7.8% | $264 | 12.2 | 1.2 | $2,528 | $297 | $0 | $158 |
| 200 E ADKINS Street, Starke, FL 32091 | Starke, FL | Single Family | 2.8% | $249,900 | $1,560 | $1,442 | $1,485 | 7.1% | $118 | 13.3 | 1.2 | $1,236 | $131 | $0 | $75 |
| 12654 SR 100, Lake Butler, FL 32054 | Lake Butler, FL | Manufactured | 1.3% | $275,000 | $1,648 | $1,589 | $1,565 | 6.8% | $59 | 13.9 | 1.1 | $1,362 | $144 | $0 | $83 |
| 4223 SE 1ST Avenue, Keystone Heights, FL 32656 | Keystone Heights, FL | Single Family | 1.1% | $279,000 | $1,663 | $1,612 | $1,579 | 6.8% | $51 | 14.0 | 1.1 | $1,382 | $146 | $0 | $84 |
| 6961 SW 100th Ter, Hampton, FL 32044 | Hampton, FL | Single Family | 0.9% | $263,000 | $1,640 | $1,600 | $1,552 | 7.1% | $40 | 13.4 | 1.2 | $1,348 | $164 | $0 | $88 |
| 5321 NE 77th Ave, Gainesville, FL 32609 | Gainesville, FL | Manufactured | 0.7% | $219,900 | $1,356 | $1,329 | $1,290 | 7.0% | $27 | 13.5 | 1.2 | $1,091 | $172 | $0 | $66 |
| 4620 SE 3RD Place, Keystone Heights, FL 32656 | Keystone Heights, FL | Single Family | 0.7% | $375,000 | $2,210 | $2,168 | $2,094 | 6.7% | $42 | 14.1 | 1.1 | $1,855 | $197 | $3 | $113 |
| 20 SE NELSONS POINT Road, Keystone Heights, FL 32656 | Keystone Heights, FL | Single Family | 0.6% | $265,000 | $1,557 | $1,529 | $1,477 | 6.7% | $28 | 14.2 | 1.1 | $1,312 | $137 | $0 | $80 |
| 8901 NE 108th Ave, Gainesville, FL 32609 | Gainesville, FL | Single Family | 0.4% | $265,000 | $1,618 | $1,600 | $1,538 | 7.0% | $18 | 13.6 | 1.2 | $1,312 | $208 | $0 | $80 |
| 155 SW JASMINE Avenue, Keystone Heights, FL 32656 | Keystone Heights, FL | Single Family | -1.7% | $380,000 | $2,087 | $2,192 | $1,973 | 6.2% | -$105 | 15.2 | 1.0 | $1,882 | $196 | $0 | $114 |
| 1525 E CALL Street, Starke, FL 32091 | Starke, FL | Single Family | -2.2% | $575,000 | $3,065 | $3,277 | $2,892 | 6.0% | -$212 | 15.6 | 1.0 | $2,802 | $302 | $0 | $173 |
| 4566 SE 2ND Avenue, Keystone Heights, FL 32656 | Keystone Heights, FL | Single Family | -4.7% | $398,000 | $2,160 | $2,475 | $2,027 | 6.1% | -$315 | 15.4 | 1.0 | $2,093 | $249 | $0 | $133 |
| 200 Pine St, Melrose, FL 32666 | Melrose, FL | Single Family | -5.2% | $399,900 | $1,991 | $2,337 | $1,871 | 5.6% | -$346 | 16.7 | 0.9 | $1,980 | $237 | $0 | $120 |
| 6528 Woodland Dr, Keystone Heights, FL 32656 | Keystone Heights, FL | Single Family | -6.0% | $419,000 | $2,189 | $2,605 | $2,049 | 5.9% | -$416 | 16.0 | 0.9 | $2,203 | $262 | $0 | $140 |
| 6963 SW 100TH Terrace, Hampton, FL 32044 | Hampton, FL | Single Family | -7.9% | $599,000 | $2,620 | $3,413 | $2,440 | 4.9% | -$793 | 19.1 | 0.8 | $2,919 | $314 | $0 | $180 |
| 403 S CHERRY Street, Starke, FL 32091 | Starke, FL | Single Family | -9.2% | $350,000 | $1,487 | $2,022 | $1,382 | 4.7% | -$535 | 19.6 | 0.8 | $1,733 | $184 | $0 | $105 |
| 21750 NE 115th Ave, Earleton, FL 32631 | Earleton, FL | Single Family | -10.7% | $695,000 | $2,900 | $4,140 | $2,691 | 4.6% | -$1,240 | 20.0 | 0.8 | $3,387 | $544 | $0 | $209 |
| 1510 E BROWNLEE Street E, Starke, FL 32091 | Starke, FL | Single Family | -13.7% | $550,000 | $1,918 | $3,177 | $1,753 | 3.8% | -$1,259 | 23.9 | 0.6 | $2,723 | $289 | $0 | $165 |
| 664 SE 18th Ter, Melrose, FL 32666 | Melrose, FL | Single Family | -15.9% | $699,000 | $2,494 | $4,345 | $2,261 | 3.9% | -$1,851 | 23.4 | 0.6 | $3,675 | $437 | $0 | $233 |
| 8910 E County Road 225, Gainesville, FL 32609 | Gainesville, FL | Single Family | -24.6% | $1,000,000 | $1,981 | $6,083 | $1,648 | 2.0% | -$4,102 | 42.1 | 0.3 | $5,125 | $625 | $0 | $333 |
Location: NE 70th Pl, Hawthorne, FL 32640
Cash on Cash Return: 21.3%
Price: $184,000
Rent: $1,763
Total Payment: $1,109
Cap Rate: 11.1%
Cash Flow: $654
GRM: 8.7
DSCR: 1.9
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home stands out due to its impressive cash on cash return of 21.3%. Located in a growing area, it offers a strong cap rate of 11.1%, making it an attractive option for investors seeking high cash flow properties. The property’s rental income significantly exceeds its total payment, resulting in a healthy cash flow of $654.
Location: NW County Road 225, Starke, FL 32091
Cash on Cash Return: 12.1%
Price: $284,990
Rent: $2,223
Total Payment: $1,646
Cap Rate: 9.0%
Cash Flow: $577
GRM: 10.7
DSCR: 1.5
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home offers a solid cash on cash return of 12.1%. With a cap rate of 9.0%, it provides a reliable income stream for investors. The property’s rental income of $2,223 against a total payment of $1,646 results in a cash flow of $577, making it a strong contender in the Hampton real estate market.
Location: NE 19th Avenue, Starke, FL 32091
Cash on Cash Return: 7.1%
Price: $284,000
Rent: $1,975
Total Payment: $1,640
Cap Rate: 8.0%
Cash Flow: $335
GRM: 12.0
DSCR: 1.3
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home, while offering a lower cash on cash return of 7.1%, still presents a viable investment opportunity. With a cap rate of 8.0%, it generates a cash flow of $335, making it a suitable option for investors looking for rental properties for sale in Hampton.
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 listed properties in Hampton 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 manufactured home on NE 70th Pl has a GRM of 8.7 and a DSCR of 1.9, 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 by $50 per month on the manufactured home, the cash flow could increase from $654 to $704.
Investing in condos versus single-family homes 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 Hampton.
The investment properties highlighted in this article showcase the potential for high returns in Hampton. With strong cash flow and cap rates, these properties are excellent choices for investors. 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 Hampton!
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