For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Raiford, the potential for lucrative investments is evident, with recent deals showcasing impressive COC figures. For instance, a manufactured home recently sold for $89,000, boasting a remarkable 56.4% cash on cash return, while another manufactured property at $140,000 offers a solid 23.4% return. Additionally, a single-family home priced at $314,900 presents a 22.6% COC, highlighting the diverse opportunities available in this market.
This article will delve into the most promising real estate deals in Raiford, focusing on properties that not only deliver high cash on cash returns but also feature other attractive data points. By analyzing these deals, investors can uncover valuable insights that will aid in identifying profitable opportunities.
Understanding which data points matter most—such as price, rent, and net operating income (NOI)—is essential for making informed investment decisions. With the right information, investors can navigate the Raiford real estate landscape with confidence, ensuring they capitalize on the best opportunities available.
| 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. | Starke, FL | Manufactured | 56.4% | $89,000 | $1,427 | $590 | $1,397 | 18.8% | $837 | 5.2 | 2.8 | $504 | $56 | $0 | $30 |
| Sign up for a free account to view this property's address and details. | Lake butler, FL | Manufactured | 23.4% | $140,000 | $1,358 | $812 | $1,316 | 11.3% | $546 | 8.6 | 1.9 | $693 | $77 | $0 | $42 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Single Family | 22.6% | $314,900 | $2,994 | $1,810 | $2,900 | 11.1% | $1,184 | 8.8 | 1.9 | $1,551 | $165 | $0 | $94 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Manufactured | 21.5% | $154,900 | $1,449 | $893 | $1,403 | 10.9% | $556 | 8.9 | 1.8 | $766 | $81 | $0 | $46 |
| Sign up for a free account to view this property's address and details. | Raiford, FL | Manufactured | 19.8% | $260,000 | $2,443 | $1,583 | $2,356 | 10.9% | $860 | 8.9 | 1.8 | $1,333 | $163 | $0 | $87 |
| Sign up for a free account to view this property's address and details. | Raiford, FL | Manufactured | 15.2% | $175,000 | $1,457 | $1,015 | $1,404 | 9.6% | $442 | 10.0 | 1.6 | $866 | $96 | $0 | $53 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Manufactured | 15.0% | $249,900 | $2,066 | $1,442 | $1,991 | 9.6% | $624 | 10.1 | 1.6 | $1,236 | $131 | $0 | $75 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Manufactured | 14.9% | $225,000 | $1,857 | $1,299 | $1,789 | 9.5% | $558 | 10.1 | 1.6 | $1,113 | $118 | $0 | $68 |
| Sign up for a free account to view this property's address and details. | Lawtey, FL | Manufactured | 14.0% | $165,000 | $1,491 | $1,106 | $1,423 | 10.3% | $385 | 9.2 | 1.5 | $935 | $103 | $13 | $55 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Single Family | 12.2% | $284,990 | $2,223 | $1,645 | $2,138 | 9.0% | $578 | 10.7 | 1.5 | $1,410 | $150 | $0 | $85 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Single Family | 11.8% | $174,900 | $1,352 | $1,009 | $1,300 | 8.9% | $343 | 10.8 | 1.5 | $865 | $92 | $0 | $52 |
| Sign up for a free account to view this property's address and details. | Starke, FL | Single Family | 11.2% | $178,000 | $1,358 | $1,026 | $1,305 | 8.8% | $332 | 10.9 | 1.5 | $880 | $93 | $0 | $53 |
| 1698 E BROWNLEE Street, Starke, FL 32091 | Starke, FL | Manufactured | 11.0% | $199,900 | $1,622 | $1,256 | $1,555 | 9.3% | $366 | 10.3 | 1.5 | $1,064 | $125 | $0 | $67 |
| 601 W WELDON Street, Starke, FL 32091 | Starke, FL | Single Family | 9.4% | $264,900 | $1,937 | $1,523 | $1,858 | 8.4% | $414 | 11.4 | 1.4 | $1,305 | $139 | $0 | $79 |
| 200 E ADKINS Street, Starke, FL 32091 | Starke, FL | Single Family | 5.6% | $249,900 | $1,674 | $1,442 | $1,599 | 7.7% | $232 | 12.4 | 1.3 | $1,236 | $131 | $0 | $75 |
| 560 W WELDON Street, Starke, FL 32091 | Starke, FL | Single Family | 3.8% | $210,000 | $1,347 | $1,215 | $1,284 | 7.3% | $132 | 13.0 | 1.2 | $1,042 | $110 | $0 | $63 |
| 1211 W Pratt St, Starke, FL 32091 | Starke, FL | Single Family | 2.4% | $219,000 | $1,463 | $1,376 | $1,390 | 7.6% | $87 | 12.5 | 1.2 | $1,166 | $137 | $0 | $73 |
| 12654 SR 100, Lake Butler, FL 32054 | Lake Butler, FL | Manufactured | -1.4% | $275,000 | $1,648 | $1,710 | $1,556 | 6.8% | -$62 | 13.9 | 1.1 | $1,446 | $172 | $0 | $92 |
| 20567 NE 118TH Street, Lake Butler, FL 32054 | Lake Butler, FL | Single Family | -2.0% | $252,900 | $1,383 | $1,466 | $1,307 | 6.2% | -$83 | 15.2 | 1.0 | $1,251 | $139 | $0 | $76 |
| 10987 MUD LAKE Road, Glen St. Mary, FL 32040 | Glen Saint Mary, FL | Single Family | -3.1% | $499,500 | $2,850 | $3,105 | $2,683 | 6.4% | -$255 | 14.6 | 1.0 | $2,626 | $312 | $0 | $167 |
| 4930 NW 182ND Way, Starke, FL 32091 | Starke, FL | Single Family | -4.3% | $575,000 | $3,158 | $3,574 | $2,966 | 6.2% | -$416 | 15.2 | 1.0 | $3,023 | $359 | $0 | $192 |
| 5870 NW 211th St, Starke, FL 32091 | Starke, FL | Single Family | -10.7% | $624,800 | $2,435 | $3,554 | $2,248 | 4.3% | -$1,119 | 21.4 | 0.7 | $3,039 | $328 | $0 | $187 |
| 6664 SW 160TH Street, Starke, FL 32091 | Starke, FL | Single Family | -10.9% | $380,000 | $1,696 | $2,388 | $1,569 | 5.0% | -$692 | 18.7 | 0.8 | $2,023 | $238 | $0 | $127 |
| 7532 GLYNN ALLYN Road, Macclenny, FL 32063 | Macclenny, FL | Single Family | -12.0% | $399,000 | $1,728 | $2,526 | $1,575 | 4.7% | -$798 | 19.2 | 0.7 | $2,124 | $249 | $20 | $133 |
| 3107 NW COUNTY ROAD 233, Starke, FL 32091 | Starke, FL | Single Family | -13.6% | $695,000 | $2,382 | $3,954 | $2,173 | 3.8% | -$1,572 | 24.3 | 0.6 | $3,380 | $365 | $0 | $209 |
| 1510 E BROWNLEE Street E, Starke, FL 32091 | Starke, FL | Single Family | -13.7% | $550,000 | $1,918 | $3,175 | $1,753 | 3.8% | -$1,257 | 23.9 | 0.6 | $2,721 | $289 | $0 | $165 |
Cash on Cash Return: 56.4%
Price: $89,000
Rent: $1,427
Total Payment: $590
Cap Rate: 18.8%
Cash Flow: $837
GRM: 5.2
DSCR: 2.8
Location: NW 80TH Avenue, Starke, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This manufactured home stands out due to its impressive cash on cash return and high cap rate. Located in a desirable area, it offers a strong rental income that significantly exceeds the total payment, resulting in a healthy cash flow. The property’s metrics indicate a solid investment opportunity for those seeking high returns.
Cash on Cash Return: 23.4%
Price: $140,000
Rent: $1,358
Total Payment: $812
Cap Rate: 11.3%
Cash Flow: $546
GRM: 8.6
DSCR: 1.9
Location: NE 204TH Lane, Lake Butler, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This second manufactured home offers a solid cash flow and a respectable cap rate. Its location in Lake Butler enhances its appeal, making it a great choice for investors looking for rental properties with reliable income. The metrics reflect a good balance of risk and return, making it a worthy consideration.
Cash on Cash Return: 22.6%
Price: $314,900
Rent: $2,994
Total Payment: $1,810
Cap Rate: 11.1%
Cash Flow: $1,184
GRM: 8.8
DSCR: 1.9
Location: NW COUNTY ROAD 229, Starke, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This single-family home is an excellent investment opportunity, boasting a strong cash flow and a competitive cap rate. The property’s rental income significantly surpasses its total payment, ensuring a positive cash flow. Its location in Starke adds to its desirability, making it a prime candidate for real estate 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 substantial 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 properties listed have favorable GRM and DSCR values, indicating a strong potential for positive cash flow and manageable risk.
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 on the manufactured home in Starke, an investor could see a notable increase in cash flow.
Investing in condos versus single-family homes each 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 Raiford.
Raiford presents a wealth of investment opportunities, with properties that boast high cash flow and strong cap rates. The combination of favorable market conditions and attractive property metrics makes Raiford an excellent choice for real estate investors. Don’t miss out on these high-return properties—contact us today for more information or to sign up for real-time updates on investment opportunities in Raiford!