10510 Western RdFountainFL32438
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.42% yield at 10510 Western Rd, Fountain, FL, 32438 in Fountain is solid, but the $513/mo payment compresses net cash flow to $138/mo at $114,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $31,496 by year five, and $1,050/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.74) without U.S. income documentation. Total projected return: $52,363.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.0% |
| Monthly Cash Flow | $138 | $1,500 |
City averages based on Fountain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $895 |
| Total Monthly Debt Service | $711 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1992
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32438, Fountain, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,057 (100%) |
| Owner Occupied HU | 1,475 (71.7%) |
| Renter Occupied HU | 237 (11.5%) |
| Vacant Housing Units | 345 (16.8%) |
| Median Home Value | $160,064 |
| Average Home Value | $172,810 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,834
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Manufactured
Built in 1992
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32438, Fountain, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,057 (100%) |
| Owner Occupied HU | 1,475 (71.7%) |
| Renter Occupied HU | 237 (11.5%) |
| Vacant Housing Units | 345 (16.8%) |
| Median Home Value | $160,064 |
| Average Home Value | $172,810 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,834
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashleigh McGlothlin • Clubbs Real Estate Group LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #772969
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.