506 NW Cottonfield LnWhite SpringsFL32096
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $230,000, 506 NW Cottonfield Ln, White Springs, FL, 32096 in White Springs generates $1,629/mo in rent (8.5% yield) but nets only $103/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.58) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $63,545. Total projected return: $94,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 10.0% |
| Monthly Cash Flow | $103 | $200 |
City averages based on White Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,629 |
| Total Monthly Debt Service | $1,435 |
| DSCR Ratio | 1.14x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danny Chaput • COLDWELL BANKER M.M. PARRISH REALTORS
Mls Name: Stellar MLS
Mls ID: #GC532273