For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Jasper, the potential for lucrative investments is evident, with properties like a manufactured home boasting an impressive COC of 64.6% and a price tag of just $99,900. Additionally, a single-family home is generating a COC of 39.9% at a price of $199,900, showcasing the diverse opportunities available in this market.
This article will delve into the most promising real estate deals in Jasper, highlighting properties with high cash on cash returns and other attractive data characteristics. By analyzing these figures, investors can identify lucrative opportunities that align with their financial goals.
Understanding key metrics such as cash flow, cap rate, and net operating income (NOI) is essential for making informed investment decisions. With Jasper's real estate market showing strong potential, now is the time to explore these opportunities and secure your financial future.
Did you know that Jasper, Florida, is home to some of the most affordable real estate options in the state, making it an attractive destination for both new and seasoned 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. | Jasper, FL | Manufactured | 64.6% | $99,900 | $1,685 | $610 | $1,655 | 19.9% | $1,075 | 4.9 | 3.2 | $523 | $57 | $0 | $30 |
| Sign up for a free account to view this property's address and details. | Jasper, FL | Single Family | 39.9% | $199,900 | $2,493 | $1,165 | $2,433 | 14.6% | $1,328 | 6.7 | 2.5 | $992 | $113 | $0 | $60 |
| Sign up for a free account to view this property's address and details. | Jasper, FL | Single Family | 22.6% | $150,000 | $1,436 | $872 | $1,391 | 11.1% | $564 | 8.7 | 1.9 | $742 | $85 | $0 | $45 |
| Sign up for a free account to view this property's address and details. | Jasper, FL | Single Family | 21.9% | $250,000 | $2,368 | $1,454 | $2,293 | 11.0% | $914 | 8.8 | 1.9 | $1,237 | $142 | $0 | $75 |
| Sign up for a free account to view this property's address and details. | Jasper, FL | Single Family | 18.3% | $134,900 | $1,195 | $783 | $1,155 | 10.3% | $412 | 9.4 | 1.7 | $667 | $76 | $0 | $40 |
| Sign up for a free account to view this property's address and details. | Jasper, FL | Single Family | 11.1% | $229,000 | $1,754 | $1,332 | $1,685 | 8.8% | $422 | 10.9 | 1.5 | $1,133 | $130 | $0 | $69 |
| 404 5th St SE, Jasper, FL 32052 | Jasper, FL | Single Family | 10.0% | $215,000 | $1,710 | $1,350 | $1,638 | 9.1% | $360 | 10.5 | 1.4 | $1,144 | $134 | $0 | $72 |
| 1307 3rd St NW, Jasper, FL 32052 | Jasper, FL | Single Family | 9.8% | $189,900 | $1,502 | $1,193 | $1,439 | 9.1% | $309 | 10.5 | 1.4 | $1,011 | $119 | $0 | $63 |
| 3547 NW County Road 150, Jasper, FL 32052 | Jasper, FL | Single Family | 5.3% | $240,000 | $1,607 | $1,395 | $1,535 | 7.7% | $212 | 12.4 | 1.3 | $1,187 | $136 | $0 | $72 |
| 10418 NW 35th Ter, Jasper, FL 32052 | Jasper, FL | Single Family | 4.8% | $270,000 | $1,787 | $1,571 | $1,706 | 7.6% | $216 | 12.6 | 1.3 | $1,337 | $153 | $0 | $81 |
| 1403 Shady Oak Dr, Jasper, FL 32052 | Jasper, FL | Single Family | 1.9% | $350,000 | $2,145 | $2,036 | $2,040 | 7.0% | $109 | 13.6 | 1.2 | $1,733 | $198 | $0 | $105 |
| 3332 NW 66th Blvd, Jennings, FL 32053 | Jennings, FL | Manufactured | -9.7% | $339,000 | $1,423 | $1,971 | $1,321 | 4.7% | -$548 | 19.9 | 0.8 | $1,677 | $192 | $0 | $102 |
| 11925 SE 50th Dr, Jasper, FL 32052 | Jasper, FL | Manufactured | -11.6% | $434,000 | $1,688 | $2,525 | $1,558 | 4.3% | -$837 | 21.4 | 0.7 | $2,149 | $246 | $0 | $130 |
| 8125 SW 68th Dr, Jasper, FL 32052 | Jasper, FL | Single Family | -14.8% | $550,000 | $1,852 | $3,213 | $1,674 | 3.7% | -$1,361 | 24.7 | 0.6 | $2,723 | $312 | $13 | $165 |
| 15000 County Road 6 E, Jasper, FL 32052 | Jasper, FL | Single Family | -17.8% | $850,000 | $2,352 | $4,871 | $2,097 | 3.0% | -$2,519 | 30.1 | 0.5 | $4,134 | $482 | $0 | $255 |
| 8072 SW County Road 158, Jasper, FL 32052 | Jasper, FL | Single Family | -18.2% | $449,996 | $1,551 | $2,917 | $1,281 | 3.4% | -$1,366 | 24.2 | 0.5 | $2,366 | $281 | $0 | $150 |
| 3928 NW 69th Blvd, Jennings, FL 32053 | Jennings, FL | Single Family | -20.0% | $835,000 | $1,999 | $4,785 | $1,748 | 2.5% | -$2,786 | 34.8 | 0.4 | $4,061 | $473 | $0 | $251 |
Cash on Cash Return: 64.6%
Price: $99,900
Rent: $1,685
Total Payment: $610
Cap Rate: 19.9%
Cash Flow: $1,075
GRM: 4.9
DSCR: 3.2
Location: 4260 SW 101st Pl, Jasper, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home stands out due to its impressive cash on cash return of 64.6%. Located in a desirable area of Jasper, it offers a strong rental income of $1,685 against a total payment of only $610. With a cap rate of 19.9%, this property is a fantastic investment opportunity for those seeking high cash flow.
Cash on Cash Return: 39.9%
Price: $199,900
Rent: $2,493
Total Payment: $1,165
Cap Rate: 14.6%
Cash Flow: $1,328
GRM: 6.7
DSCR: 2.5
Location: 707 3rd St NW, Jasper, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home offers a solid cash on cash return of 39.9%. With a rental income of $2,493 and a total payment of $1,165, it provides a cash flow of $1,328. The cap rate of 14.6% makes it an attractive option for investors looking for reliable income.
Cash on Cash Return: 22.6%
Price: $150,000
Rent: $1,436
Total Payment: $872
Cap Rate: 11.1%
Cash Flow: $564
GRM: 8.7
DSCR: 1.9
Location: 419 Palmetto Ave, Jasper, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home presents a cash on cash return of 22.6%. With a rental income of $1,436 and a total payment of $872, it generates a cash flow of $564. The cap rate of 11.1% indicates a stable investment opportunity in the growing Jasper 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. 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 represent sound investment choices in Jasper.
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 has a GRM of 4.9 and a DSCR of 3.2, indicating a strong capacity to generate income and cover debt, making it a low-risk investment.
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 at 707 3rd St NW 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 has its pros and cons. 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, making them viable options for investors in Jasper.
Jasper's real estate market is ripe with opportunities, as evidenced by the standout properties highlighted above. With high cash flow, strong cap rates, and favorable investment metrics, Jasper is an excellent choice for real estate investors. Don't miss out on these high-return properties—contact us today for more information or to sign up for real-time updates on investment opportunities in Jasper!
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