5730 Pelican Pointe Dr APT 1SebastianFL32958
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 Sebastian at 5730 Pelican Pointe Dr APT 1, Sebastian, FL, 32958 listed at $245,000 pairs $4,249/mo rent with a $1,199/mo payment to leave $2,008/mo cash flow. Total monthly income runs $4,249/mo, and annual cash flow reaches $24,091/yr on $81,218 cash to close. Return on cash invested measures 49.57% in year one, and rental yield registers 20.81% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 265.82% and total cumulative return in cash totals $215,892. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,249/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$590 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Hainey • Dale Sorensen Real Estate Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10969992
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.