17929 Forest DrFountainFL32438
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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 Fountain at 17929 Forest Dr, Fountain, FL, 32438 uses $39,780 cash to close to unlock $1,584/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $928/mo, and a $587/mo payment keeps the spread at $132/mo. Purchase price stands at $120,000, and rental yield measures 9.28% with $928/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 124.75% and total cumulative return in cash records $49,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $928/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32438, Fountain, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,057 (100%) |
| Owner Occupied HU | 1,475 (71.7%) |
| Renter Occupied HU | 237 (11.5%) |
| Vacant Housing Units | 345 (16.8%) |
| Median Home Value | $160,064 |
| Average Home Value | $172,810 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,834
Multi-Family
0
Businesses
39
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