1002 Ginger LnBarefoot BayFL32976
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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
Investment Highlights
Rental property for sale in Barefoot Bay at 1002 Ginger Ln, Barefoot Bay, FL, 32976 priced at $159,900 pairs $1,254/mo rent with $193/mo cash flow after a $783/mo payment. Total monthly income equals $1,254/mo, and annual cash flow comes to $2,310/yr on $53,007 invested. Return on cash invested is 24.27% in year one, and rental yield stands at 9.41% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 126.83% and total cumulative return in cash reaches $67,230. For financing, Ziffy Mortgage’s DSCR program evaluates $1,254/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1977
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32976, Sebastian, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,871 (100%) |
| Owner Occupied HU | 5,046 (73.4%) |
| Renter Occupied HU | 605 ( 8.8%) |
| Vacant Housing Units | 1,220 (17.8%) |
| Median Home Value | $149,704 |
| Average Home Value | $220,074 |
Housing Distribution
Address Breakdown
Residential
6,657
Single Family
6,614
Multi-Family
43
Businesses
108
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Listed by: Judith A Trier • Barefoot Bay Realty
Mls Name: Space Coast AOR
Mls ID: #1062227