15350 111th 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 15350 111th St, Fellsmere, FL, 32948 earns $1,268/mo cash flow from $3,923/mo rent with a $1,958/mo payment. Total monthly income totals $3,923/mo, and annual cash flow totals $15,220/yr on $132,600 capital. ROI tracks 31.39% on current figures, and rental yield reads 11.77% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 165% and total cumulative return in cash sums $218,788. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,923/mo property income instead of your personal income.
Single Family
Built in 2021
10.99 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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