For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In McAlpin, Florida, the investment landscape is ripe with opportunities that boast impressive COC figures. For instance, a single-family home recently listed at $79,400 offers a staggering COC of 201.5%, while another property in the area, priced at $119,900, still delivers a solid 30.6% return. These compelling data points highlight the potential for lucrative investments in this charming town.
This article will delve into the most attractive real estate deals in McAlpin, showcasing properties with high cash on cash returns and other key metrics that can guide investors in their decision-making process. By analyzing these data characteristics, you can uncover hidden gems that promise substantial cash flow and long-term growth.
Understanding which data points matter most—such as price, rent, and net operating income (NOI)—is essential for making informed investment choices. With the right insights, you can navigate the McAlpin real estate market with confidence and seize opportunities that align with your financial goals.
Did you know that Florida's real estate market has consistently ranked among the top states for investment returns, making it a hotspot 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. | Live Oak, FL | Single Family | 201.5% | $79,400 | $3,158 | $491 | $3,134 | 47.4% | $2,667 | 2.1 | 7.6 | $415 | $52 | $0 | $24 |
| Sign up for a free account to view this property's address and details. | Mc Alpin, FL | Single Family | 30.6% | $119,900 | $1,354 | $742 | $1,318 | 13.2% | $612 | 7.4 | 2.1 | $627 | $79 | $0 | $36 |
| Sign up for a free account to view this property's address and details. | Live Oak, FL | Manufactured | 14.0% | $150,000 | $1,235 | $886 | $1,190 | 9.5% | $349 | 10.1 | 1.6 | $742 | $99 | $0 | $45 |
| 21285 127th Rd #O, O Brien, FL 32071 | O Brien, FL | Manufactured | -3.8% | $264,900 | $1,399 | $1,565 | $1,320 | 6.0% | -$166 | 15.8 | 1.0 | $1,312 | $174 | $0 | $79 |
| 10616 153rd Rd, Live Oak, FL 32060 | Live Oak, FL | Single Family | -4.9% | $295,000 | $1,590 | $1,833 | $1,492 | 6.1% | -$243 | 15.5 | 1.0 | $1,551 | $184 | $0 | $98 |
| 24281 77th Rd, O Brien, FL 32071 | O Brien, FL | Manufactured | -5.1% | $259,900 | $1,378 | $1,598 | $1,291 | 6.0% | -$220 | 15.7 | 1.0 | $1,349 | $162 | $0 | $87 |
| 7547 N Shekinah Pl, O'Brien, FL 32071 | O'Brien, FL | Single Family | -6.0% | $682,900 | $3,295 | $3,976 | $3,090 | 5.4% | -$681 | 17.3 | 0.9 | $3,321 | $450 | $0 | $205 |
| 9768 102nd St, Live Oak, FL 32060 | Live Oak, FL | Single Family | -7.1% | $332,000 | $1,649 | $2,042 | $1,538 | 5.6% | -$393 | 16.8 | 0.9 | $1,723 | $208 | $0 | $111 |
| 4545 122nd Pl, Wellborn, FL 32094 | Wellborn, FL | Manufactured | -9.6% | $331,000 | $1,506 | $2,034 | $1,396 | 5.1% | -$528 | 18.3 | 0.8 | $1,717 | $207 | $0 | $110 |
| 12301 158th Ter, Mc Alpin, FL 32062 | Mc Alpin, FL | Single Family | -10.0% | $589,000 | $2,602 | $3,583 | $2,406 | 4.9% | -$981 | 18.9 | 0.8 | $3,019 | $368 | $0 | $196 |
| 16968 County Road 252, McAlpin, FL 32062 | Mcalpin, FL | Single Family | -11.5% | $775,000 | $3,025 | $4,512 | $2,792 | 4.3% | -$1,487 | 21.3 | 0.7 | $3,769 | $510 | $0 | $233 |
| 20855 151st Dr #O, O Brien, FL 32071 | O Brien, FL | Single Family | -25.8% | $1,990,000 | $3,180 | $11,740 | $2,583 | 1.6% | -$8,560 | 52.1 | 0.3 | $9,833 | $1,310 | $0 | $597 |
Location: 75th Loop, Live Oak, FL 32060
Cash on Cash Return: 201.5%
Price: $79,400
Rent: $3,158
Total Payment: $491
Cap Rate: 47.4%
Cash Flow: $2,667
GRM: 2.1
DSCR: 7.6
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home stands out due to its exceptional cash on cash return and impressive cap rate. Located in a desirable area, it offers a strong rental income that significantly exceeds the total payment, resulting in substantial cash flow. Investors will appreciate the low GRM and high DSCR, indicating a solid investment opportunity.
Location: 119th Dr, Mc Alpin, FL 32062
Cash on Cash Return: 30.6%
Price: $119,900
Rent: $1,354
Total Payment: $742
Cap Rate: 13.2%
Cash Flow: $612
GRM: 7.4
DSCR: 2.1
Last Updated: 01/01/1900
First Seen: 11/30/2024
This property offers a solid cash flow and a respectable cap rate, making it an attractive option for investors. The rental income comfortably covers the total payment, ensuring a positive cash flow. With a reasonable GRM and a strong DSCR, this single-family home is a smart investment choice.
Location: County Road 252, Live Oak, FL 32060
Cash on Cash Return: 14.0%
Price: $150,000
Rent: $1,235
Total Payment: $886
Cap Rate: 9.5%
Cash Flow: $349
GRM: 10.1
DSCR: 1.6
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home presents a unique investment opportunity with a decent cash flow and a solid cap rate. While the cash on cash return is lower than the previous properties, it still offers a reliable income stream. The GRM and DSCR indicate a manageable risk level, making it a viable option for investors.
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 present 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 first property has a GRM of 2.1 and a DSCR of 7.6, 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, if the second property reduces its total payment by $100 through cost-saving measures, the cash flow would increase by the same amount, improving overall profitability.
Investing in condos versus single-family homes has its pros and cons. Condos may offer lower maintenance costs and potentially higher cash flow, while single-family homes often provide 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 its high cash flow properties and strong cap rates, McAlpin stands out as an excellent choice for real estate investors. The properties highlighted offer unique advantages that cater to various investment strategies. Don't miss out on these opportunities—contact us today for more information on these high-return properties or to sign up for real-time updates on investment opportunities in McAlpin!