8751 NW 173rd StFanning SpringsFL32693
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 8751 NW 173rd St, Fanning Springs, FL, 32693 in Fanning Springs at $140,000 earns $1,096/mo in rent and nets $167/mo after the $630/mo payment, a 9.39% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $38,679 over five years. Ziffy Mortgage underwrites this on a 1.74 DSCR without U.S. credit history. With $1,289/yr in principal paydown, total projected return reaches $64,116.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $167 | $300 |
City averages based on Fanning Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,096 |
| Total Monthly Debt Service | $873 |
| DSCR Ratio | 1.25x |
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.
Single Family
Built in 1978
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32693, Trenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 4,081 (74.2%) |
| Renter Occupied HU | 916 (16.6%) |
| Vacant Housing Units | 505 ( 9.2%) |
| Median Home Value | $201,960 |
| Average Home Value | $260,731 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
5,064
Multi-Family
24
Businesses
302
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 1978
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32693, Trenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 4,081 (74.2%) |
| Renter Occupied HU | 916 (16.6%) |
| Vacant Housing Units | 505 ( 9.2%) |
| Median Home Value | $201,960 |
| Average Home Value | $260,731 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
5,064
Multi-Family
24
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #GC539116