702 Lark DrBarefoot 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 702 Lark Dr, Barefoot Bay, FL, 32976 at $141,750 posts ROI 23.49% with $140/mo cash flow from $1,081/mo rent. Total monthly income equals $1,081/mo, and annual cash flow records $1,681/yr on $46,990 to close. Return on cash invested measures 23.49% and rental yield reads 9.15% at the current $141,750. Equity gained on principal adds $915/yr, and 5% annual appreciation supports $39,163 by year five. Five-year ROI prints 122.72% and total cumulative return in cash totals $57,668.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,081/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2000
4,791 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: Tammy L Bogart • Vero Realty Advisors LLC
Mls Name: Realtor Association of Indian River County
Mls ID: #289858