473 SW Richmond WayFort WhiteFL32038
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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
Rental property for sale in Fort White at 473 SW Richmond Way, Fort White, FL, 32038 offers $2,160/mo rent that, after a $4,160/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 5.12% in year one, and rental yield stands at 3.05% at a $849,900 entry. Equity gained on principal adds $5,484/yr while 5% annual appreciation compounds into $234,812 by year five. Five-year ROI records 24.12% and total cumulative return in cash reaches $67,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
30.43 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
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Listed by: Leigh Ann Mills • NextHome Gateway Realty
Mls Name: NFMLS
Mls ID: #129016