For real estate investors, understanding cash on cash return (COC) is crucial for maximizing profits and making informed investment decisions. In Sanderson, the potential for lucrative returns is evident, with single-family properties boasting an impressive COC of 71.3% and manufactured homes offering returns of 62.6%. This article will delve into the most promising investment opportunities in Sanderson, highlighting deals that not only showcase high cash on cash returns but also other attractive characteristics such as strong cap rates and positive cash flow.
Investors will discover how to leverage key data points, including a single-family property priced at $100,000 with a monthly rent of $1,796, and a manufactured home with a price tag of $109,000 generating $1,800 in rent. By analyzing these figures, investors can identify the most lucrative opportunities in the market.
Interestingly, Florida's real estate market has seen a surge in demand, with the state ranking among the top for population growth, making it a hotspot for real estate investment. Understanding the data that matters most will empower investors to make strategic decisions and capitalize on the thriving market in Sanderson.
| 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. | Glen Saint Mary, FL | Single Family | 71.3% | $100,000 | $1,796 | $608 | $1,766 | 21.2% | $1,188 | 4.6 | 3.4 | $523 | $55 | $0 | $30 |
| Sign up for a free account to view this property's address and details. | Sanderson, FL | Manufactured | 62.6% | $109,000 | $1,800 | $663 | $1,767 | 19.5% | $1,137 | 5.0 | 3.1 | $570 | $60 | $0 | $33 |
| Sign up for a free account to view this property's address and details. | Sanderson, FL | Manufactured | 36.0% | $159,000 | $1,994 | $1,041 | $1,941 | 14.6% | $953 | 6.6 | 2.2 | $889 | $99 | $0 | $53 |
| Sign up for a free account to view this property's address and details. | Glen Saint Mary, FL | Single Family | 19.4% | $285,000 | $2,570 | $1,647 | $2,484 | 10.5% | $923 | 9.2 | 1.8 | $1,404 | $157 | $0 | $86 |
| Sign up for a free account to view this property's address and details. | Sanderson, FL | Single Family | 12.9% | $190,000 | $1,511 | $1,102 | $1,454 | 9.2% | $409 | 10.5 | 1.5 | $940 | $105 | $0 | $57 |
| 13903 SANDERSON Circle, Sanderson, FL 32087 | Sanderson, FL | Manufactured | 9.5% | $240,000 | $1,886 | $1,507 | $1,806 | 9.0% | $379 | 10.6 | 1.4 | $1,277 | $150 | $0 | $80 |
| 17803 JOHN ALLEN Road, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | 8.8% | $249,900 | $1,814 | $1,448 | $1,739 | 8.4% | $366 | 11.5 | 1.4 | $1,236 | $137 | $0 | $75 |
| 15089 JACK DOWLING RD Circle, Sanderson, FL 32087 | Sanderson, FL | Manufactured | 5.8% | $275,000 | $1,857 | $1,589 | $1,774 | 7.7% | $268 | 12.3 | 1.3 | $1,355 | $151 | $0 | $83 |
| 23197 HASSIE JOHNS RD Road, Sanderson, FL 32087 | Sanderson, FL | Manufactured | 4.5% | $269,000 | $1,755 | $1,554 | $1,674 | 7.5% | $201 | 12.8 | 1.3 | $1,325 | $148 | $0 | $81 |
| 7568 W RIDGE ESTATES Drive, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | 4.2% | $480,000 | $3,118 | $2,782 | $2,974 | 7.4% | $336 | 12.8 | 1.3 | $2,374 | $264 | $0 | $144 |
| 10298 OAKWOOD Terrace, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Manufactured | 3.9% | $260,000 | $1,770 | $1,599 | $1,683 | 7.8% | $171 | 12.2 | 1.2 | $1,349 | $163 | $0 | $87 |
| 9872 CLINTON Avenue, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | 2.5% | $310,000 | $1,919 | $1,791 | $1,826 | 7.1% | $128 | 13.5 | 1.2 | $1,527 | $171 | $0 | $93 |
| 9010 COUNTY ROAD 229, Sanderson, FL 32087 | Sanderson, FL | Manufactured | 1.9% | $247,600 | $1,635 | $1,556 | $1,552 | 7.5% | $79 | 12.6 | 1.2 | $1,318 | $155 | $0 | $83 |
| 7823 ODIS YARBOROUGH Road, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -0.3% | $355,000 | $2,035 | $2,051 | $1,928 | 6.5% | -$16 | 14.5 | 1.1 | $1,749 | $195 | $0 | $107 |
| 7419 WASHINGTON Street, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -0.3% | $549,950 | $3,146 | $3,176 | $2,981 | 6.5% | -$30 | 14.6 | 1.1 | $2,709 | $302 | $0 | $165 |
| 17870 LIL DIXIE Drive, Sanderson, FL 32087 | Sanderson, FL | Single Family | -0.8% | $334,000 | $1,882 | $1,929 | $1,782 | 6.4% | -$47 | 14.8 | 1.1 | $1,645 | $184 | $0 | $100 |
| 10929 ORBEY RHODEN Road, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Manufactured | -0.9% | $259,900 | $1,460 | $1,501 | $1,382 | 6.4% | -$41 | 14.8 | 1.1 | $1,280 | $143 | $0 | $78 |
| 9495 COWPEN Road, Sanderson, FL 32087 | Sanderson, FL | Single Family | -4.9% | $539,900 | $2,673 | $3,118 | $2,511 | 5.6% | -$445 | 16.8 | 0.9 | $2,659 | $297 | $0 | $162 |
| 7985 KLEIN Road, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -6.2% | $389,900 | $1,846 | $2,252 | $1,729 | 5.3% | -$406 | 17.6 | 0.9 | $1,921 | $214 | $0 | $117 |
| 7816 WHISPERING PINES Lane, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -6.6% | $649,000 | $3,331 | $4,043 | $3,107 | 5.7% | -$712 | 16.2 | 0.9 | $3,413 | $406 | $8 | $216 |
| 9173 NOAH DAVIS Road, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -9.0% | $385,000 | $1,649 | $2,224 | $1,533 | 4.8% | -$575 | 19.5 | 0.8 | $1,896 | $212 | $0 | $116 |
| 7532 GLYNN ALLYN Road, Macclenny, FL 32063 | Macclenny, FL | Single Family | -9.0% | $399,000 | $1,728 | $2,324 | $1,588 | 4.8% | -$596 | 19.2 | 0.8 | $1,965 | $219 | $20 | $120 |
| 10933 N RUNWAY Circle, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -9.8% | $699,999 | $2,910 | $4,057 | $2,650 | 4.5% | -$1,147 | 20.0 | 0.8 | $3,412 | $385 | $50 | $210 |
| 10726 JEREMYS Way, Sanderson, FL 32087 | Sanderson, FL | Single Family | -10.1% | $975,000 | $4,013 | $5,647 | $3,720 | 4.6% | -$1,634 | 20.2 | 0.8 | $4,818 | $536 | $0 | $293 |
| 22230 S CARL BROWN Road, Sanderson, FL 32087 | Sanderson, FL | Single Family | -11.1% | $302,000 | $1,277 | $1,838 | $1,176 | 4.7% | -$561 | 19.7 | 0.8 | $1,548 | $189 | $0 | $101 |
| 7600 NUTTY BUDDY Circle, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -12.2% | $1,150,000 | $4,326 | $6,661 | $3,981 | 4.2% | -$2,335 | 22.2 | 0.7 | $5,683 | $633 | $0 | $345 |
| 7436 WOODLAWN Road, Macclenny, FL 32063 | Macclenny, FL | Single Family | -13.2% | $883,000 | $3,104 | $5,045 | $2,839 | 3.9% | -$1,941 | 23.7 | 0.7 | $4,294 | $486 | $0 | $265 |
| 9058 BUTCHER Road, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -15.4% | $950,000 | $2,994 | $5,428 | $2,709 | 3.4% | -$2,434 | 26.4 | 0.6 | $4,620 | $523 | $0 | $285 |
| 11018 SENECA Lane, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -18.7% | $900,000 | $2,385 | $5,192 | $2,065 | 2.8% | -$2,807 | 31.4 | 0.5 | $4,377 | $495 | $50 | $270 |
Location: N CLINTON Avenue, Glen St. Mary, FL 32040
Cash on Cash Return: 71.3%
Price: $100,000
Rent: $1,796
Total Payment: $608
Cap Rate: 21.2%
Cash Flow: $1,188
GRM: 4.6
DSCR: 3.4
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home stands out due to its impressive cash on cash return of 71.3%. Located in a desirable area, it offers a strong cap rate of 21.2%, making it an attractive option for investors seeking high cash flow. The property’s rental income significantly exceeds its total payment, resulting in a healthy cash flow of $1,188.
Location: US HIGHWAY 90, Sanderson, FL 32087
Cash on Cash Return: 62.6%
Price: $109,000
Rent: $1,800
Total Payment: $663
Cap Rate: 19.5%
Cash Flow: $1,137
GRM: 5.0
DSCR: 3.1
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home offers a solid cash on cash return of 62.6%. With a cap rate of 19.5%, it provides a reliable source of rental income. The cash flow of $1,137 indicates that this property is not only affordable but also profitable for investors.
Location: SANDERSON Circle, Sanderson, FL 32087
Cash on Cash Return: 36.0%
Price: $159,000
Rent: $1,994
Total Payment: $1,041
Cap Rate: 14.6%
Cash Flow: $953
GRM: 6.6
DSCR: 2.2
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home, while offering a lower cash on cash return of 36.0%, still presents a viable investment opportunity with a cap rate of 14.6%. The property generates a cash flow of $953, making it a solid choice for investors looking for rental properties in Sanderson.
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 Sanderson are not only profitable but also present low-risk investment opportunities.
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 4.6 and a DSCR of 3.4, indicating a strong ability to generate income and cover debt, making it a low-risk investment.
To increase rental income, consider property upgrades, adjusting rent based on market trends, 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 $20 per month on the first property, the cash flow could increase by $240 annually, improving overall profitability.
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 Sanderson.
With a variety of investment properties offering high cash flow and strong cap rates, Sanderson stands out as an excellent choice for real estate investors. The properties highlighted showcase the potential for solid returns, making it imperative for investors to act quickly. Contact us today for more information on these high-return properties or to sign up for real-time updates on investment opportunities in Sanderson.
Act now to secure your investment in Sanderson before these properties are sold!