218 S Maple 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
Rental property for sale in Fellsmere at 218 S Maple St, Fellsmere, FL, 32948 priced at $280,000 converts $2,760/mo rent into $902/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $10,828/yr on $92,820 invested. Return on cash invested prints 31.57% in year one, and rental yield reads 11.83% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 166.02% and total cumulative return in cash sums $154,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Manufactured
Built in 1986
10,454 sqft 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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