255 SW Nevada LnFort WhiteFL32038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort White at 255 SW Nevada Ln, Fort White, FL, 32038 offers a 10.24% rental yield on a $114,000 purchase with $973/mo rent. Total monthly income registers $973/mo, and a $558/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,422/yr on $37,791 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 137.99% and total cumulative return in cash at $52,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $973/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
1.06 Acres lot
$N/A/sqft
$175 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory Anderson • COUNTRY RIVERS REALTY LLC
Mls Name: NFMLS
Mls Provider:
Mls ID: #126035
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.