16481 NW 80th StFanning SpringsFL32693
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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 Fanning Springs at 16481 NW 80th St, Fanning Springs, FL, 32693 uses $71,273 cash to close to unlock $7,650/yr annual cash flow and $638/mo monthly cash flow. Total monthly income runs $2,064/mo, and a $1,052/mo payment keeps the spread at $638/mo. Purchase price stands at $215,000, and rental yield measures 11.52% with $2,064/mo rent. Return on cash invested shows 30.64% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 161% and total cumulative return in cash records $114,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,064/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32693, Trenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 4,081 (74.2%) |
| Renter Occupied HU | 916 (16.6%) |
| Vacant Housing Units | 505 ( 9.2%) |
| Median Home Value | $201,960 |
| Average Home Value | $260,731 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
5,064
Multi-Family
24
Businesses
302
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Listed by: Elizabeth Pepine • Pepine Realty
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls ID: #795459