211 SW Heflin AveFort WhiteFL32038
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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 Fort White at 211 SW Heflin Ave, Fort White, FL, 32038 priced at $375,000 converts $2,868/mo rent into $380/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,868/mo, and annual cash flow totals $4,558/yr on $124,313 invested. Return on cash invested prints 23.58% in year one, and rental yield reads 9.18% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 123.08% and total cumulative return in cash sums $153,003. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,868/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Condo
Built in 1989
6.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32038, Fort White, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,107 (100%) |
| Owner Occupied HU | 3,732 (73.1%) |
| Renter Occupied HU | 582 (11.4%) |
| Vacant Housing Units | 793 (15.5%) |
| Median Home Value | $274,182 |
| Average Home Value | $295,863 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,379
Multi-Family
0
Businesses
273
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Listed by: Andrew Poe • KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Mls Name: Stellar MLS
Mls ID: #GC533854