High Cash on Cash Returns in Orange Park, Florida: Unlocking Real Estate Investment Opportunities

For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Orange Park, the potential for lucrative investments is evident, with single-family properties showcasing impressive COC rates. For instance, one property boasts a remarkable 31.2% COC, while another offers a solid 25.4%. These figures highlight the vibrant investment landscape in the area, making it an attractive destination for savvy investors.

This article will delve into the most promising real estate deals in Orange Park, focusing on properties with high cash on cash returns and other compelling data points. By analyzing these opportunities, investors can make informed decisions that align with their financial goals.

Understanding key metrics such as price, rent, and net operating income (NOI) is essential for identifying the best investment opportunities. With the right data at your fingertips, you can navigate the Orange Park real estate market with confidence and uncover deals that can significantly enhance your portfolio.

Did you know that Florida has one of the highest rates of population growth in the United States? This trend is driving demand for housing and creating a wealth of opportunities for real estate 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. Orange Park, FL Single Family 31.2% $295,000 $3,368 $1,835 $3,138 12.8% $1,533 7.3 2.2 $1,453 $152 $141 $89
Sign up for a free account to view this property's address and details. Fleming Island, FL Single Family 25.4% $210,000 $2,124 $1,234 $2,038 11.6% $890 8.2 2.0 $1,039 $109 $23 $63
Sign up for a free account to view this property's address and details. Middleburg, FL Single Family 24.2% $155,000 $1,520 $894 $1,473 11.4% $626 8.5 1.9 $767 $80 $0 $47
Sign up for a free account to view this property's address and details. Jacksonville, FL Single Family 16.8% $199,000 $1,805 $1,249 $1,739 10.5% $556 9.2 1.6 $1,059 $124 $0 $66
Sign up for a free account to view this property's address and details. Orange Park, FL Single Family 12.6% $245,000 $1,940 $1,426 $1,853 9.1% $514 10.5 1.5 $1,212 $127 $13 $74
Sign up for a free account to view this property's address and details. Jacksonville, FL Single Family 11.6% $350,000 $2,708 $2,029 $2,603 8.9% $679 10.8 1.5 $1,731 $193 $0 $105
7876 LENOX Avenue, Jacksonville, FL 32221 Jacksonville, FL Single Family 8.4% $249,900 $1,803 $1,452 $1,728 8.3% $351 11.6 1.4 $1,240 $137 $0 $75
7828 COLLINS RIDGE Boulevard E, Jacksonville, FL 32244 Jacksonville, FL Single Family 7.8% $250,000 $1,771 $1,444 $1,696 8.1% $327 11.8 1.4 $1,231 $138 $0 $75
544 MAJESTIC WOOD Drive, Fleming Island, FL 32003 Fleming Island, FL Single Family 6.2% $390,000 $2,652 $2,248 $2,535 7.8% $404 12.3 1.3 $1,929 $202 $0 $117
3191 HIDDEN MEADOWS Court, Green Cove Springs, FL 32043 Green Cove Springs, FL Single Family 6.1% $330,000 $2,245 $1,912 $2,136 7.8% $333 12.2 1.3 $1,632 $171 $10 $99
2011 APRIL OAKS Drive, Jacksonville, FL 32221 Jacksonville, FL Single Family 5.7% $356,000 $2,426 $2,090 $2,286 7.7% $336 12.2 1.3 $1,754 $196 $33 $107
3416 CONCORD Court, Green Cove Springs, FL 32043 Cove Springs, FL Single Family 5.7% $299,000 $2,061 $1,779 $1,915 7.7% $282 12.1 1.3 $1,479 $154 $56 $90
1161 BEDROCK Drive, Orange Park, FL 32065 Orange Park, FL Single Family 4.2% $284,900 $1,848 $1,649 $1,755 7.4% $199 12.8 1.2 $1,409 $147 $8 $85
2841 BROOKWOOD Drive, Orange Park, FL 32073 Orange Park, FL Single Family 3.9% $350,000 $2,238 $2,010 $2,133 7.3% $228 13.0 1.2 $1,724 $181 $0 $105
5244 MAGNOLIA OAKS Lane, Jacksonville, FL 32210 Jacksonville, FL Single Family 3.9% $350,000 $2,254 $2,029 $2,149 7.4% $225 12.9 1.2 $1,731 $193 $0 $105
3175 STONEBRIER RIDGE Drive, Orange Park, FL 32065 Orange Park, FL Single Family 3.4% $339,990 $2,157 $1,967 $2,048 7.2% $190 13.1 1.2 $1,682 $176 $7 $102
2362 CHRISTI LAKES Court, Jacksonville, FL 32221 Jacksonville, FL Single Family 2.7% $390,000 $2,469 $2,294 $2,319 7.1% $175 13.2 1.2 $1,929 $215 $33 $117
1305 BLACK GUM Court, Orange Park, FL 32073 Orange Park, FL Single Family 2.2% $475,000 $2,925 $2,752 $2,768 7.0% $173 13.5 1.2 $2,350 $245 $14 $143
8681 BISHOPSWOOD Drive, Jacksonville, FL 32244 Jacksonville, FL Single Family 2.1% $289,900 $1,783 $1,680 $1,696 7.0% $103 13.5 1.2 $1,434 $159 $0 $87
7214 BEEKMAN LAKE Drive, Jacksonville, FL 32222 Jacksonville, FL Single Family 1.7% $355,000 $2,179 $2,079 $2,051 6.9% $100 13.6 1.2 $1,756 $195 $21 $107
5684 MAVERICK Road, Middleburg, FL 32068 Middleburg, FL Single Family 0.8% $425,000 $2,507 $2,450 $2,379 6.7% $57 14.1 1.1 $2,102 $220 $0 $128
1326 HIGHFIELD Lane, Middleburg, FL 32068 Middleburg, FL Single Family 0.6% $439,500 $2,600 $2,559 $2,442 6.7% $41 14.1 1.1 $2,174 $227 $26 $132
1463 HUTCHINSON Road, Middleburg, FL 32068 Middleburg, FL Single Family 0.5% $330,000 $1,927 $1,902 $1,828 6.6% $25 14.3 1.1 $1,632 $171 $0 $99
8983 NOROAD, Jacksonville, FL 32210 Jacksonville, FL Single Family -0.5% $366,800 $2,094 $2,126 $1,984 6.5% -$32 14.6 1.1 $1,814 $202 $0 $110
2327 BETSY Drive, Jacksonville, FL 32210 Jacksonville, FL Single Family -0.7% $295,000 $1,762 $1,794 $1,664 6.8% -$32 14.0 1.1 $1,512 $184 $0 $98
2431 CREEKFRONT Drive, Green Cove Springs, FL 32043 Green Cove Springs, FL Single Family -1.9% $350,000 $1,956 $2,067 $1,801 6.2% -$111 14.9 1.0 $1,731 $181 $50 $105
2767 RAVINE HILL Drive, Middleburg, FL 32068 Middleburg, FL Single Family -2.0% $362,000 $1,994 $2,116 $1,856 6.2% -$122 15.1 1.0 $1,791 $187 $29 $109
1317 BEAR RUN Boulevard, Orange Park, FL 32065 Orange Park, FL Single Family -2.5% $310,000 $1,775 $1,906 $1,672 6.5% -$131 14.6 1.0 $1,609 $194 $0 $103
554 BOWIE Boulevard, Orange Park, FL 32073 Orange Park, FL Single Family -2.9% $299,900 $1,700 $1,843 $1,600 6.4% -$143 14.7 1.0 $1,556 $187 $0 $100
1252 PEABODY Drive E, Jacksonville, FL 32221 Jacksonville, FL Single Family -3.6% $359,900 $1,868 $2,086 $1,760 5.9% -$218 16.1 1.0 $1,780 $198 $0 $108
2895 CROSS CREEK Drive, Green Cove Springs, FL 32043 Green Cove Springs, FL Single Family -3.6% $374,900 $1,975 $2,203 $1,813 5.8% -$228 15.8 1.0 $1,847 $194 $50 $112
1900 LAKE SHORE Boulevard, Jacksonville, FL 32210 Jacksonville, FL Single Family -6.0% $545,000 $2,847 $3,389 $2,665 5.9% -$542 16.0 0.9 $2,866 $341 $0 $182
2681 HALPERNS Way, Middleburg, FL 32068 Middleburg, FL Single Family -7.2% $590,000 $2,642 $3,351 $2,465 5.0% -$709 18.6 0.9 $2,869 $305 $0 $177
2083 DOCTORS LAKE Drive, Orange Park, FL 32073 Orange Park, FL Single Family -7.9% $525,000 $2,540 $3,227 $2,365 5.4% -$687 17.2 0.9 $2,724 $328 $0 $175
1806 ROYAL FERN Lane, Fleming Island, FL 32003 Fleming Island, FL Single Family -12.1% $615,000 $2,414 $3,659 $2,064 4.0% -$1,245 21.2 0.7 $2,991 $318 $165 $185

Top Investment Properties in Orange Park

Property 1: Single Family Home on Chivas Court

Cash on Cash Return: 31.2%
Price: $295,000
Rent: $3,368
Total Payment: $1,835
Cap Rate: 12.8%
Cash Flow: $1,533
GRM: 7.3
DSCR: 2.2
Location: Chivas Court, Orange Park
Last Updated: 01/01/1900
First Seen: 11/30/2024

This charming single-family home on Chivas Court stands out due to its impressive cash on cash return of 31.2%. With a strong cap rate of 12.8%, this property generates a cash flow of $1,533 monthly, making it a top choice for investors. The location offers easy access to local amenities and a family-friendly environment, enhancing its appeal to potential renters.

Property 2: Single Family Home on Weston Circle

Cash on Cash Return: 25.4%
Price: $210,000
Rent: $2,124
Total Payment: $1,234
Cap Rate: 11.6%
Cash Flow: $890
GRM: 8.2
DSCR: 2.0
Location: Weston Circle, Fleming Island
Last Updated: 01/01/1900
First Seen: 11/30/2024

Located on Weston Circle, this single-family home offers a cash on cash return of 25.4% and a cap rate of 11.6%. With a monthly cash flow of $890, this property is an excellent investment opportunity. Its proximity to schools and parks makes it attractive to families, ensuring a steady rental income.

Property 3: Single Family Home on Timothy Street

Cash on Cash Return: 24.2%
Price: $155,000
Rent: $1,520
Total Payment: $894
Cap Rate: 11.4%
Cash Flow: $626
GRM: 8.5
DSCR: 1.9
Location: Timothy Street, Middleburg
Last Updated: 01/01/1900
First Seen: 11/30/2024

This single-family home on Timothy Street is priced at $155,000, offering a cash on cash return of 24.2% and a cap rate of 11.4%. With a cash flow of $626, it presents a solid investment option. The property is situated in a growing neighborhood, making it a desirable choice for renters.

Why These Properties Have High Cash Flow and Strong Cap Rates

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 strategically positioned in the Orange Park market.

The Role of GRM and DSCR in Assessing Investment Potential

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 property on Chivas Court has a GRM of 7.3 and a DSCR of 2.2, indicating a strong ability to generate income and cover debt, making it a low-risk investment.

How to Maximize Cash Flow from Properties in Orange Park

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 property on Weston Circle reduces its total payment by $100 through cost-saving measures, its cash flow would increase, making it even more attractive to investors.

Condos vs. Single Family Homes in Orange Park for Investors

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, depending on the investor's strategy and market conditions.

Conclusion: Why Orange Park is a Prime Location for Real Estate Investment

With its high cash flow properties and strong cap rates, Orange Park stands out as an excellent choice for real estate investors. The properties highlighted offer unique advantages and solid returns, making them worthy of consideration. Don't miss out on these high-return investment opportunities—contact us today for more information or to sign up for real-time updates on the best cash on cash return properties in Orange Park!