3312 Indian River PkwyMimsFL32754
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mims at 3312 Indian River Pkwy, Mims, FL, 32754 offers a 9.79% rental yield on a $399,000 purchase with $3,254/mo rent. Total monthly income registers $3,254/mo, and a $1,953/mo payment leaves $477/mo available for distribution. Annual cash flow reaches $5,724/yr on $132,269 to close, and return on cash invested stands at 24.24% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 127.05% and total cumulative return in cash at $168,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,254/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
7,840 sqft lot
$N/A/sqft
$125 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32754, Mims, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,013 (100%) |
| Owner Occupied HU | 4,667 (77.6%) |
| Renter Occupied HU | 658 (10.9%) |
| Vacant Housing Units | 688 (11.4%) |
| Median Home Value | $417,112 |
| Average Home Value | $437,945 |
Housing Distribution
Address Breakdown
Residential
5,800
Single Family
5,780
Multi-Family
20
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce(Jean) C Kelly • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1036102
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.