5388 Waterfall PlGrantFL32949
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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 Grant at 5388 Waterfall Pl, Grant, FL, 32949 offers $2,640/mo rent that, after a $1,986/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 18.86% in year one, and rental yield stands at 7.81% at a $405,775 entry. Equity gained on principal adds $2,618/yr while 5% annual appreciation compounds into $112,108 by year five. Five-year ROI records 97.97% and total cumulative return in cash reaches $131,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $1,986/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$196 quarterly 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
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Listed by: Elizabeth Boley • D.R.Horton Realty of Melbourne
Mls Name: Space Coast AOR
Mls ID: #1020967
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.