For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Jennings, the potential for lucrative investments is evident, with recent deals showcasing impressive COC rates. For instance, a manufactured home recently listed at $135,000 offers a staggering 29.8% COC, while another at $125,000 boasts a solid 25.3%. These figures highlight the opportunities available in this vibrant market.
This article will delve into the most promising real estate deals in Jennings, 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 empower investors to make informed decisions. With the right insights, you can navigate the Jennings real estate landscape and uncover investments that yield substantial returns.
Did you know that Florida's real estate market has been experiencing a surge in demand, with many investors flocking to areas like Jennings for its affordability and potential for growth?
| 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. | Jennings, FL | Manufactured | 29.8% | $135,000 | $1,575 | $905 | $1,519 | 13.5% | $670 | 7.1 | 2.0 | $765 | $84 | $11 | $45 |
| Sign up for a free account to view this property's address and details. | Lee, FL | Manufactured | 25.3% | $125,000 | $1,346 | $819 | $1,304 | 12.5% | $527 | 7.7 | 1.9 | $699 | $78 | $0 | $42 |
| 4939 Sandy Hill Dr, Valdosta, GA 31601 | Valdosta, GA | Single Family | 10.5% | $256,900 | $2,044 | $1,595 | $1,958 | 9.1% | $449 | 10.5 | 1.5 | $1,333 | $176 | $0 | $86 |
| 5351 Golf Dr, Lake Park, GA 31636 | Lake Park, GA | Single Family | 9.4% | $199,900 | $1,582 | $1,268 | $1,515 | 9.1% | $314 | 10.5 | 1.4 | $1,064 | $137 | $0 | $67 |
| 4833 Sandy Hill Dr, Valdosta, GA 31601 | Valdosta, GA | Single Family | 5.5% | $260,000 | $1,791 | $1,552 | $1,713 | 7.9% | $239 | 12.1 | 1.3 | $1,294 | $180 | $0 | $78 |
| 6798 NW 31st Cir, Jennings, FL 32053 | Jennings, FL | Single Family | 5.4% | $354,000 | $2,390 | $2,070 | $2,274 | 7.7% | $320 | 12.3 | 1.3 | $1,753 | $201 | $10 | $106 |
| 5481 Old Us Highway 41 S, Lake Park, GA 31636 | Lake Park, GA | Single Family | 5.3% | $239,900 | $1,663 | $1,450 | $1,591 | 8.0% | $213 | 12.0 | 1.3 | $1,212 | $166 | $0 | $72 |
| 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 |
| 429 Long Pond Rd, Lake Park, GA 31636 | Lake Park, GA | Single Family | 4.6% | $384,900 | $2,613 | $2,320 | $2,475 | 7.7% | $293 | 12.3 | 1.3 | $1,916 | $266 | $23 | $115 |
| 4320 SW 54th Way, Jasper, FL 32052 | Jasper, FL | Manufactured | 3.4% | $260,000 | $1,661 | $1,512 | $1,583 | 7.3% | $149 | 13.0 | 1.2 | $1,287 | $147 | $0 | $78 |
| 5283 Golf Dr, Lake Park, GA 31636 | Lake Park, GA | Single Family | 2.9% | $240,000 | $1,635 | $1,521 | $1,555 | 7.8% | $114 | 12.2 | 1.2 | $1,277 | $164 | $0 | $80 |
| 5135 Diamond Dr, Lake Park, GA 31636 | Lake Park, GA | Single Family | 2.1% | $349,900 | $2,221 | $2,097 | $2,108 | 7.2% | $124 | 13.1 | 1.2 | $1,742 | $242 | $8 | $105 |
| 5887 Dykes Pond Rd, Lake Park, GA 31636 | Lake Park, GA | Single Family | 1.4% | $299,900 | $1,858 | $1,790 | $1,768 | 7.1% | $68 | 13.5 | 1.2 | $1,493 | $207 | $0 | $90 |
| 4956 Diamond Dr, Lake Park, GA 31636 | Lake Park, GA | Single Family | -1.4% | $349,900 | $2,141 | $2,221 | $1,999 | 6.9% | -$80 | 13.6 | 1.1 | $1,840 | $239 | $25 | $117 |
| 5352 Moss Oak Trl, Lake Park, GA 31636 | Lake Park, GA | Single Family | -2.6% | $329,000 | $1,822 | $1,965 | $1,723 | 6.3% | -$143 | 15.0 | 1.1 | $1,638 | $228 | $0 | $99 |
| 3554 SW 56th Way, Jasper, FL 32052 | Jasper, FL | Single Family | -6.0% | $546,000 | $2,630 | $3,174 | $2,466 | 5.4% | -$544 | 17.3 | 0.9 | $2,701 | $309 | $0 | $164 |
| 6377 NW 31ST Circle, Jennings, FL 32053 | Jennings, FL | Single Family | -6.8% | $354,000 | $1,786 | $2,186 | $1,658 | 5.6% | -$400 | 16.5 | 0.9 | $1,837 | $221 | $10 | $118 |
| 5817 Riviera Prado, Lake Park, GA 31636 | Lake Park, GA | Single Family | -7.3% | $299,900 | $1,423 | $1,790 | $1,333 | 5.3% | -$367 | 17.6 | 0.9 | $1,493 | $207 | $0 | $90 |
| 538 NW Rodman Ln, Jennings, FL 32053 | Jennings, FL | Single Family | -7.6% | $394,900 | $1,800 | $2,297 | $1,682 | 5.1% | -$497 | 18.3 | 0.9 | $1,955 | $224 | $0 | $118 |
| 3239 NW Pin Oak Ln, Jennings, FL 32053 | Jennings, FL | Single Family | -9.9% | $465,000 | $1,956 | $2,724 | $1,796 | 4.6% | -$768 | 19.8 | 0.8 | $2,300 | $264 | $20 | $140 |
| 5850 SW 54th Trl, Jasper, FL 32052 | Jasper, FL | Manufactured | -11.0% | $368,900 | $1,594 | $2,268 | $1,471 | 4.8% | -$674 | 19.3 | 0.8 | $1,914 | $231 | $0 | $123 |
| 5010 Hammock Trl, Lake Park, GA 31636 | Lake Park, GA | Single Family | -14.0% | $325,000 | $1,201 | $1,962 | $1,082 | 4.0% | -$761 | 22.6 | 0.7 | $1,618 | $225 | $21 | $98 |
| 5560 Loch Laurel Rd, Lake Park, GA 31636 | Lake Park, GA | Single Family | -15.8% | $449,900 | $1,505 | $2,686 | $1,370 | 3.7% | -$1,181 | 24.9 | 0.6 | $2,240 | $311 | $0 | $135 |
| 3942 NW Tj Way, Jasper, FL 32052 | Jasper, FL | Single Family | -17.1% | $545,000 | $1,722 | $3,272 | $1,458 | 3.2% | -$1,550 | 26.4 | 0.5 | $2,699 | $309 | $100 | $164 |
| 1627 NW 29th Aly, Jennings, FL 32053 | Jennings, FL | Single Family | -26.1% | $1,595,000 | $2,622 | $9,569 | $2,090 | 1.6% | -$6,947 | 50.7 | 0.3 | $8,040 | $997 | $0 | $532 |
Cash on Cash Return: 29.8%
Price: $135,000
Rent: $1,575
Total Payment: $905
Cap Rate: 13.5%
Cash Flow: $670
GRM: 7.1
DSCR: 2.0
Location: Bur Oak Pl
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home on Bur Oak Pl stands out due to its impressive cash on cash return of 29.8%. With a rental income of $1,575 and a total payment of only $905, investors can enjoy a cash flow of $670 monthly. The property boasts a strong cap rate of 13.5%, making it an attractive option for those seeking high cash flow properties in Jennings.
Cash on Cash Return: 25.3%
Price: $125,000
Rent: $1,346
Total Payment: $819
Cap Rate: 12.5%
Cash Flow: $527
GRM: 7.7
DSCR: 1.9
Location: Champion Loop
Last Updated: 01/01/1900
First Seen: 11/30/2024
Located on Champion Loop, this manufactured home offers a cash on cash return of 25.3%. With a price of $125,000 and a rental income of $1,346, the property generates a cash flow of $527 after accounting for a total payment of $819. The cap rate of 12.5% further solidifies its position as one of the best investment properties in Jennings.
Cash on Cash Return: 10.5%
Price: $256,900
Rent: $2,044
Total Payment: $1,595
Cap Rate: 9.1%
Cash Flow: $449
GRM: 10.5
DSCR: 1.5
Location: Sandy Hill Dr
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home on Sandy Hill Dr presents a solid investment opportunity with a cash on cash return of 10.5%. Priced at $256,900, it generates a rental income of $2,044, resulting in a cash flow of $449 after total payments of $1,595. With a cap rate of 9.1%, this property is a strong contender for those looking for rental properties for sale in Jennings.
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 profitability. These metrics suggest that the properties listed above are not only viable investments but also offer the potential for substantial returns.
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 first property has a GRM of 7.1 and a DSCR of 2.0, indicating a strong ability 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 first property reduces its insurance costs by $10 monthly, the cash flow would increase to $680, showcasing the impact of cost-saving measures.
Investing in condos versus single-family homes has its pros and cons. Condos often have lower maintenance costs and can provide higher cash flow, while single-family homes may appreciate more over time. The properties listed demonstrate that both types can yield strong returns, making them viable options for investors in Jennings.
With a variety of high cash flow and strong cap rate properties, Jennings stands out as an excellent choice for real estate investors. The properties highlighted offer impressive returns and solid investment potential. Don't miss out on these opportunities—contact us today for more information on these properties or to sign up for real-time updates on high-return investment properties in Jennings!