506 NW Cottonfield LnWhite SpringsFL32096
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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 White Springs at 506 NW Cottonfield Ln, White Springs, FL, 32096 with 5% annual appreciation on a $230,000 basis while $1,629/mo rent supports operations. Total monthly income totals $1,629/mo and a $1,126/mo payment preserves $102/mo for cash returns. Annual cash flow comes to $1,229/yr on $76,245 deployed, and return on cash invested reaches 21.52% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 8.5%. Five-year ROI measures 112.1% and total cumulative return in cash totals $85,471.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,629/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2002
10.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32096, White Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,499 (100%) |
| Owner Occupied HU | 981 (65.4%) |
| Renter Occupied HU | 245 (16.3%) |
| Vacant Housing Units | 273 (18.2%) |
| Median Home Value | $136,058 |
| Average Home Value | $183,186 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,145
Multi-Family
7
Businesses
89
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Listed by: Danny Chaput • COLDWELL BANKER M.M. PARRISH REALTORS
Mls Name: Stellar MLS
Mls ID: #GC532273