157 SE Downing DrHigh SpringsFL32643
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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 High Springs at 157 SE Downing Dr, High Springs, FL, 32643 offers a 8.11% rental yield on a $269,900 purchase with $1,824/mo rent. Total monthly income registers $1,824/mo, and a $1,321/mo payment leaves $33/mo available for distribution. Annual cash flow reaches $395/yr on $89,472 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 105.79% and total cumulative return in cash at $94,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,824/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32643, High Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 4,490 (79.6%) |
| Renter Occupied HU | 742 (13.2%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $327,605 |
| Average Home Value | $354,263 |
Housing Distribution
Address Breakdown
Residential
5,534
Single Family
5,534
Multi-Family
0
Businesses
273
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Listed by: Rosy Sparks • REMAX PROFESSIONALS, INC.
Mls Name: NFMLS
Mls ID: #129834