345 Loquat DrBarefoot 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
Rental property for sale in Barefoot Bay at 345 Loquat Dr, Barefoot Bay, FL, 32976 priced at $179,000 converts $1,384/mo rent into $196/mo cash flow after a $876/mo obligation. Total monthly income equals $1,384/mo, and annual cash flow totals $2,355/yr on $59,339 invested. Return on cash invested prints 23.88% in year one, and rental yield reads 9.28% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 124.76% and total cumulative return in cash sums $74,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,384/mo property income covering a $876/mo payment, not borrower’s personal income.
Manufactured
Built in 1986
4,791 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: Geraldine L. Mize • Barefoot Bay Realty
Mls Name: Space Coast AOR
Mls ID: #1027971
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.