223 SE Little John PlHigh 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
Investment property for sale in High Springs at 223 SE Little John Pl, High Springs, FL, 32643 uses $76,908 cash to close to unlock $5,399/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $1,990/mo, and a $1,136/mo payment keeps the spread at $450/mo. Purchase price stands at $232,000, and rental yield measures 10.29% with $1,990/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 141.08% and total cumulative return in cash records $108,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,990/mo property income covering a $1,136/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
1 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: Brad Smith • United Country Smith & Associates
Mls Name: NFMLS
Mls Provider:
Mls ID: #124792
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.