16690 NE 51st StWillistonFL32696
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 16690 NE 51st St, Williston, FL, 32696 in Williston earns a 9.72% gross yield at $600,000. Rent of $4,234/mo nets $880/mo after the $2,698/mo mortgage. The 1.57 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $165,769 and $5,526/yr in equity accumulation project a total cumulative return of $244,904.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $880 | $300 |
City averages based on Williston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,234 |
| Total Monthly Debt Service | $3,743 |
| DSCR Ratio | 1.13x |
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 1984
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32696, Williston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,898 (100%) |
| Owner Occupied HU | 4,366 (74.0%) |
| Renter Occupied HU | 996 (16.9%) |
| Vacant Housing Units | 536 ( 9.1%) |
| Median Home Value | $265,033 |
| Average Home Value | $315,415 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,536
Multi-Family
0
Businesses
400
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 1984
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32696, Williston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,898 (100%) |
| Owner Occupied HU | 4,366 (74.0%) |
| Renter Occupied HU | 996 (16.9%) |
| Vacant Housing Units | 536 ( 9.1%) |
| Median Home Value | $265,033 |
| Average Home Value | $315,415 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,536
Multi-Family
0
Businesses
400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Shaffer • Home Env Realty
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794889
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.