611 Oleander CirBarefoot BayFL32976
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 Barefoot Bay at 611 Oleander Cir, Barefoot Bay, FL, 32976 at $215,000 posts ROI 21.05% with $68/mo cash flow from $1,494/mo rent. Total monthly income equals $1,494/mo, and annual cash flow records $810/yr on $71,273 to close. Return on cash invested measures 21.05% and rental yield reads 8.34% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 109.53% and total cumulative return in cash totals $78,061.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,494/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1995
5,227 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: Jennifer T Arteaga • RE/MAX Crown Realty
Mls Name: Realtor Association of Indian River County
Mls ID: #291384