257 SW Futch PlFort WhiteFL32038
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 257 SW Futch Pl, Fort White, FL, 32038 in Fort White. Priced at $239,900, it generates $2,160/mo in gross rent and $568/mo in net monthly cash flow, a 10.8% yield that comfortably supports the 2.00 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,816. Five-year appreciation: $66,280. Equity from principal paydown: $2,210/yr. Total projected cumulative return: $128,025.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $568 | $250 |
City averages based on Fort White market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,497 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2025
1.01 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
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
Manufactured
Built in 2025
1.01 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosy Sparks • REMAX PROFESSIONALS, INC.
Mls Name: NFMLS
Mls ID: #128663