1138 Barefoot CirBarefoot BayFL32976
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
Investment Highlights
Rental property for sale in Barefoot Bay at 1138 Barefoot Cir, Barefoot Bay, FL, 32976 generates $1,493/mo in rent and, after a $944/mo payment, leaves $128/mo in cash flow. Total monthly income is $1,493/mo, and annual cash flow is $1,540/yr on $63,946 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 9.29% on a $192,900 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation builds toward $53,295 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash sums $74,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,493/mo property income rather than buyer’s personal income.
Manufactured
Built in 1975
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce Christo • First Choice Properties, Inc.
Mls Name: Space Coast AOR
Mls ID: #1041074
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.