17407 NW 238th TerHigh 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
Rental property for sale in High Springs at 17407 NW 238th Ter, High Springs, FL, 32643 generates $1,685/mo in rent and, after a $1,174/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,685/mo, and annual cash flow is $1,118/yr on $79,527 invested. Return on cash invested sits at 21.31% in year one, and rental yield is 8.43% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 111.02% and total cumulative return in cash sums $88,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,685/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.36 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: Leigh Ann Mills • NextHome Gateway Realty
Mls Name: NFMLS
Mls ID: #128252