12460 79th StFellsmereFL32948
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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 Fellsmere at 12460 79th St, Fellsmere, FL, 32948 listed at $160,000 pairs $4,276/mo rent with a $783/mo payment to leave $3,184/mo cash flow. Total monthly income runs $4,276/mo, and annual cash flow reaches $38,206/yr on $53,040 cash to close. Return on cash invested measures 91.94% in year one, and rental yield registers 32.07% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 489.98% and total cumulative return in cash totals $259,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,276/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32948, Fellsmere, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,418 (64.8%) |
| Renter Occupied HU | 610 (27.9%) |
| Vacant Housing Units | 160 ( 7.3%) |
| Median Home Value | $283,333 |
| Average Home Value | $348,928 |
Housing Distribution
Address Breakdown
Residential
2,082
Single Family
1,854
Multi-Family
228
Businesses
146
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Listed by: Scott Parker • Florida Statewide Realty, LLC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #276750
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.