2402 Westhorpe DrMalabarFL32950
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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 Malabar at 2402 Westhorpe Dr, Malabar, FL, 32950 offers a 5.96% rental yield on a $850,000 purchase with $4,225/mo rent. 99% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 71.64% and total cumulative return in cash at $200,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,225/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1.36 Acres lot
$N/A/sqft
No 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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