23971 NW 189th AveHigh 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 23971 NW 189th Ave, High Springs, FL, 32643 earns $13/mo cash flow from $1,871/mo rent with a $1,370/mo payment. Total monthly income totals $1,871/mo, and annual cash flow totals $160/yr on $92,817 capital. ROI tracks 20.08% on current figures, and rental yield reads 8.02% at a $279,990 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,356 over five years. Five-year ROI reaches 104.37% and total cumulative return in cash sums $96,870. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,871/mo property income instead of your personal income.
Single Family
Built in 1963
0.34 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: Rebecca Thomas • Herron Real Estate
Mls Name: NFMLS
Mls ID: #128603