6515 S Us Highway 1GrantFL32949
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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 S Us Highway 1, Grant, FL, 32949 generates $2,956/mo in rent, after a $7,709/mo payment. Total monthly income is $2,956/mo. Return on cash invested sits at 2.74% in year one, and rental yield is 2.25% on a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 11.28% and total cumulative return in cash sums $57,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,956/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
21,780 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 T Clarke • Dale Sorensen Real Estate Inc.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #278199
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.