992 SW Newark DrFort 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
Investment property for sale in Fort White at 992 SW Newark Dr, Fort White, FL, 32038 listed at $175,000 pairs $2,083/mo rent with a $857/mo payment to leave $907/mo cash flow. Total monthly income runs $2,083/mo, and annual cash flow reaches $10,880/yr on $58,013 cash to close. Return on cash invested measures 38.66% in year one, and rental yield registers 14.28% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 204.11% and total cumulative return in cash totals $118,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,083/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1993
0.93 Acres lot
$N/A/sqft
$175 annually 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: Lisa Anderson • OUT OF AREA BROKER
Mls Name: NFMLS
Mls Provider:
Mls ID: #127515
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.