1535 SW Old Spanish RdFort WhiteFL32038
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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
Investment Highlights
Investment property for sale in Fort White at 1535 SW Old Spanish Rd, Fort White, FL, 32038 earns from $1,909/mo rent with a $1,419/mo payment. Total monthly income totals $1,909/mo. ROI tracks 19.72% on current figures, and rental yield reads 7.9% at a $289,999 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,121 over five years. Five-year ROI reaches 102.42% and total cumulative return in cash sums $98,464. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,909/mo property income instead of your personal income.
Manufactured
Built in 1989
7.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32038, Fort White, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,107 (100%) |
| Owner Occupied HU | 3,732 (73.1%) |
| Renter Occupied HU | 582 (11.4%) |
| Vacant Housing Units | 793 (15.5%) |
| Median Home Value | $274,182 |
| Average Home Value | $295,863 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,379
Multi-Family
0
Businesses
273
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Listed by: Erika Rosas • RE Florida Homes
Mls Name: NFMLS
Mls ID: #128869