1493 Sitka LnMalabarFL32950
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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
Rental property for sale in Malabar at 1493 Sitka Ln, Malabar, FL, 32950 priced at $899,900 converts $3,844/mo rent into after a $4,405/mo obligation. Total monthly income equals $3,844/mo. Return on cash invested prints 10.36% in year one, and rental yield reads 5.13% against a $899,900 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation compiles into $248,626 by year five. Five-year ROI reaches 52.58% and total cumulative return in cash sums $155,680. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,844/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Single Family
Built in 2013
2.49 Acres lot
$N/A/sqft
$820 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32950, Malabar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,069 (100%) |
| Owner Occupied HU | 1,630 (78.8%) |
| Renter Occupied HU | 302 (14.6%) |
| Vacant Housing Units | 137 ( 6.6%) |
| Median Home Value | $484,290 |
| Average Home Value | $562,900 |
Housing Distribution
Address Breakdown
Residential
2,072
Single Family
2,072
Multi-Family
0
Businesses
160
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Listed by: Maureen A Copeland • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1040489
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.