13755 115th 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 13755 115th St, Fellsmere, FL, 32948 offers a 13.04% rental yield on a $550,000 purchase with $5,978/mo rent. Total monthly income registers $5,978/mo, and a $2,692/mo payment leaves $2,328/mo available for distribution. Annual cash flow reaches $27,937/yr on $180,950 to close, and return on cash invested stands at 35.5% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 187.02% and total cumulative return in cash at $338,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,978/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
9.19 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: Teresa Flamm • Flamm Real Estate LLC
Mls Name: Space Coast AOR
Mls ID: #1007695
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.