6515 Highway 1 #SGrantFL32949
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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 6515 Highway 1 #S, Grant, FL, 32949 priced at $1,575,000 converts $4,466/mo rent into after a $7,709/mo obligation. Total monthly income equals $4,466/mo. Return on cash invested prints 6.29% in year one, and rental yield reads 3.4% against a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation compiles into $435,143 by year five. Five-year ROI reaches 30.33% and total cumulative return in cash sums $154,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,466/mo property income covering a $7,709/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.50 Acres 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
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Listed by: Michelle Clarke • Dale Sorensen Real Estate Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10987171
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.