206 Cobia CtBarefoot BayFL32976
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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 Barefoot Bay at 206 Cobia Ct, Barefoot Bay, FL, 32976 uses $93,649 cash to close to unlock $6,936/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $2,453/mo, and a $1,383/mo payment keeps the spread at $578/mo. Purchase price stands at $282,500, and rental yield measures 10.42% with $2,453/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $78,050 over five years. Five-year ROI reaches 143.15% and total cumulative return in cash records $134,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,453/mo property income covering a $1,383/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
6,534 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
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Listed by: Diana E Buck • Diana Buck Real Estate, Inc.
Mls Name: Space Coast AOR
Mls ID: #1064959