For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Wellborn, the potential for lucrative investments is evident, with single-family properties boasting impressive COC rates. For instance, one property offers a staggering 167.5% COC with a purchase price of just $79,400, generating a monthly rent of $2,695. Another single-family home in the area shows a solid 50.7% COC, priced at $79,000, with a rental income of $1,132. These figures highlight the opportunities available for savvy investors looking to capitalize on the local market.
This article will delve into the most promising real estate deals in Wellborn, showcasing properties with high cash on cash returns and other attractive characteristics. By analyzing this data, investors can identify lucrative opportunities that align with their financial goals.
Understanding key metrics such as cash flow, cap rate, and debt service coverage ratio (DSCR) is essential for making informed investment decisions. With the right data at your fingertips, you can navigate the Wellborn real estate landscape with confidence and uncover the best investment opportunities.
Did you know that Florida's real estate market has been one of the fastest-growing in the nation, with a significant increase in property values over the past decade? This trend makes it an exciting time to invest in areas like Wellborn.
| 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 | 167.5% | $79,400 | $2,695 | $478 | $2,671 | 40.4% | $2,217 | 2.5 | 6.6 | $402 | $52 | $0 | $24 |
| Sign up for a free account to view this property's address and details. | White Springs, FL | Single Family | 50.7% | $79,000 | $1,132 | $464 | $1,108 | 16.8% | $668 | 5.8 | 2.8 | $400 | $40 | $0 | $24 |
| Sign up for a free account to view this property's address and details. | Lake City, FL | Manufactured | 25.9% | $150,000 | $1,532 | $884 | $1,487 | 11.9% | $648 | 8.2 | 1.9 | $763 | $76 | $0 | $45 |
| 462 NW Fiddlers Ln, Lake City, FL 32055 | Lake City, FL | Single Family | 9.9% | $279,000 | $2,094 | $1,634 | $2,010 | 8.6% | $460 | 11.1 | 1.4 | $1,408 | $142 | $0 | $84 |
| 330 SW Mulberry Dr, Lake City, FL 32024 | Lake City, FL | Single Family | -0.9% | $415,000 | $2,369 | $2,428 | $2,244 | 6.5% | -$59 | 14.6 | 1.1 | $2,092 | $211 | $0 | $125 |
| 285 SW Royal Ct, Lake City, FL 32024 | Lake City, FL | Single Family | -1.0% | $389,000 | $2,210 | $2,276 | $2,093 | 6.5% | -$66 | 14.7 | 1.1 | $1,961 | $198 | $0 | $117 |
| 7647 95th Pl, Live Oak, FL 32060 | Live Oak, FL | Manufactured | -1.5% | $192,000 | $1,114 | $1,161 | $1,056 | 6.6% | -$47 | 14.4 | 1.1 | $977 | $126 | $0 | $58 |
| 720 SW Sweetbreeze Dr, Lake City, FL 32024 | Lake City, FL | Single Family | -1.9% | $380,000 | $2,104 | $2,224 | $1,990 | 6.3% | -$120 | 15.1 | 1.0 | $1,917 | $193 | $0 | $114 |
| 8210 31st Rd, Wellborn, FL 32094 | Wellborn, FL | Manufactured | -3.6% | $235,000 | $1,282 | $1,422 | $1,211 | 6.2% | -$140 | 15.3 | 1.0 | $1,196 | $155 | $0 | $71 |
| 334 SW Starlight Ct, Lake City, FL 32024 | Lake City, FL | Single Family | -4.5% | $399,900 | $2,043 | $2,341 | $1,923 | 5.8% | -$298 | 16.3 | 1.0 | $2,018 | $203 | $0 | $120 |
| 410 SW Silver Palm Dr, Lake City, FL 32024 | Lake City, FL | Single Family | -5.0% | $464,800 | $2,391 | $2,778 | $2,192 | 5.7% | -$387 | 16.2 | 0.9 | $2,343 | $236 | $60 | $139 |
| 9768 102nd St, Live Oak, FL 32060 | Live Oak, FL | Single Family | -5.1% | $332,000 | $1,710 | $1,993 | $1,610 | 5.8% | -$283 | 16.2 | 1.0 | $1,674 | $219 | $0 | $100 |
| 298 NW Horizon St, Lake City, FL 32055 | Lake City, FL | Single Family | -11.0% | $695,999 | $2,736 | $4,017 | $2,527 | 4.4% | -$1,281 | 21.2 | 0.7 | $3,454 | $354 | $0 | $209 |
| 389 SW Mossy Oak Way, Lake City, FL 32024 | Lake City, FL | Single Family | -13.0% | $789,900 | $2,853 | $4,565 | $2,610 | 4.0% | -$1,712 | 23.1 | 0.7 | $3,920 | $402 | $6 | $237 |
| 148 NW Horizon St, Lake City, FL 32055 | Lake City, FL | Single Family | -16.2% | $749,900 | $2,295 | $4,323 | $2,070 | 3.3% | -$2,028 | 27.2 | 0.6 | $3,717 | $381 | $0 | $225 |
| 11173 SW County Road 240, Lake City, FL 32024 | Lake City, FL | Single Family | -16.8% | $625,000 | $1,862 | $3,607 | $1,674 | 3.2% | -$1,745 | 28.0 | 0.5 | $3,101 | $318 | $0 | $188 |
Location: 75th Loop, Live Oak, FL 32060
Cash on Cash Return: 167.5%
Price: $79,400
Rent: $2,695
Total Payment: $478
Cap Rate: 40.4%
Cash Flow: $2,217
GRM: 2.5
DSCR: 6.6
Last Updated: 12/14/2024
First Seen: 12/14/2024
This single-family home stands out due to its impressive cash on cash return and high cap rate. Located in a growing neighborhood, it offers a strong rental income that significantly exceeds the total payment, resulting in substantial cash flow. The property’s metrics indicate a solid investment opportunity for those seeking high returns.
Location: NW Davis Ct, White Springs, FL 32096
Cash on Cash Return: 50.7%
Price: $79,000
Rent: $1,132
Total Payment: $464
Cap Rate: 16.8%
Cash Flow: $668
GRM: 5.8
DSCR: 2.8
Last Updated: 12/14/2024
First Seen: 12/14/2024
This property offers a compelling cash flow and a favorable cap rate, making it an attractive option for investors. Its location in a desirable area enhances its rental potential, and the metrics reflect a strong return on investment.
Location: SW Sweetgum Gln, Lake City, FL 32024
Cash on Cash Return: 25.9%
Price: $150,000
Rent: $1,532
Total Payment: $884
Cap Rate: 11.9%
Cash Flow: $648
GRM: 8.2
DSCR: 1.9
Last Updated: 12/14/2024
First Seen: 12/14/2024
This manufactured home presents a solid investment opportunity with a respectable cash flow and cap rate. Its competitive rental income relative to the total payment makes it a viable option for investors looking for cash flow properties in Wellborn.
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 2.5 and a DSCR of 6.6, 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, by reducing insurance costs by $100 per month on the first property, the cash flow could increase by $1,200 annually, showcasing the impact of cost-saving measures.
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.
With a variety of high-return properties available, Wellborn stands out as an excellent choice for real estate investors. The impressive cash flow and cap rates of the listed properties highlight the area's potential for lucrative investments. 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 Wellborn.
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