3639 NE 80th AveHigh SpringsFL32643
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3639 NE 80th Ave, High Springs, FL, 32643 in High Springs earns a 9.31% gross yield at $309,500. Rent of $2,400/mo nets $346/mo after the $1,392/mo mortgage. The 1.72 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $85,509 and $2,851/yr in equity accumulation project a total cumulative return of $140,212.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $346 | $300 |
City averages based on High Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $1,931 |
| DSCR Ratio | 1.24x |
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 1993
6.84 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
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 1993
6.84 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristi Crane • WATSON REALTY CORP- TIOGA
Mls Name: Stellar MLS
Mls ID: #GC535382