16668 NW 191st WayHigh SpringsFL32643
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 16668 NW 191st Way, High Springs, FL, 32643 in High Springs speaks for itself: 10.19% gross on a $317,707 price, generating $2,698/mo in rent and $549/mo in net income after the $1,429/mo debt service. DSCR 1.89, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,591 stacks alongside $87,777 in projected five-year appreciation and $2,926/yr in principal reduction. Projected total cumulative return: $159,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 7.0% |
| Monthly Cash Flow | $549 | $300 |
City averages based on High Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,698 |
| Total Monthly Debt Service | $1,982 |
| DSCR Ratio | 1.36x |
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.
Single Family
Built in 2021
6,534 sqft 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
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
Single Family
Built in 2021
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Wilburn • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls ID: #GC536839