438 Seagrass AveSebastianFL32958
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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 Sebastian at 438 Seagrass Ave, Sebastian, FL, 32958 listed at $359,900 pairs $2,414/mo rent with a $1,762/mo payment. Total monthly income runs $2,414/mo. Return on cash invested measures 19.28% in year one, and rental yield registers 8.05% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 100.33% and total cumulative return in cash totals $119,702. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,414/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32958, Sebastian, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,652 (100%) |
| Owner Occupied HU | 11,833 (75.6%) |
| Renter Occupied HU | 2,190 (14.0%) |
| Vacant Housing Units | 1,629 (10.4%) |
| Median Home Value | $369,686 |
| Average Home Value | $445,554 |
Housing Distribution
Address Breakdown
Residential
15,124
Single Family
13,975
Multi-Family
1,149
Businesses
803
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Listed by: James Lipscomb • Florida Homes Realty & Mort
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287187
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