692 SW Roberts AveFort WhiteFL32038
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.32% gross rental yield, 692 SW Roberts Ave, Fort White, FL, 32038 in Fort White is priced for capital growth, not immediate cash flow. The $779,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $215,472 by year five, with $7,183/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.62) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $103,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 6.0% |
| Monthly Cash Flow | $(3,016) | $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 | $4,865 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2004
6.25 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
Single Family
Built in 2004
6.25 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: Amanda DelaCruz • Twisted Oaks Real Estate
Mls Name: NFMLS
Mls Provider:
Mls ID: #126808
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.