5353 Iolite PlGrant ValkariaFL32949
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 Grant Valkaria at 5353 Iolite Pl, Grant Valkaria, FL, 32949 uses $119,340 cash to close to unlock $6,996/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $2,972/mo, and a $1,762/mo payment keeps the spread at $583/mo. Purchase price stands at $360,000, and rental yield measures 9.91% with $2,972/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 134.85% and total cumulative return in cash records $160,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,972/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2022
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32949, Grant, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,292 (87.2%) |
| Renter Occupied HU | 88 ( 5.9%) |
| Vacant Housing Units | 101 ( 6.8%) |
| Median Home Value | $507,287 |
| Average Home Value | $595,981 |
Housing Distribution
Address Breakdown
Residential
1,382
Single Family
1,382
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy Morrison • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1057539