602 Puffin 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
Investment property for sale in Barefoot Bay at 602 Puffin Dr, Barefoot Bay, FL, 32976 listed at $120,000 pairs $914/mo rent with a $587/mo payment to leave $118/mo cash flow. Total monthly income runs $914/mo, and annual cash flow reaches $1,416/yr on $39,780 cash to close. Return on cash invested measures 23.47% in year one, and rental yield registers 9.14% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 122.49% and total cumulative return in cash totals $48,727. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $914/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1982
4,000 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: Kim E Paskiewicz • Treasure Coast Realty LLC
Mls Name: Realtor Association of Indian River County
Mls ID: #291636