7534 Cedar Bark RdMiccoFL32976
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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 Micco at 7534 Cedar Bark Rd, Micco, FL, 32976 offers $1,194/mo rent that, after a $685/mo payment, leaves $174/mo cash flow. Total monthly income is $1,194/mo, and annual cash flow is $2,093/yr on $46,410 cash. Return on cash invested measures 24.42% in year one, and rental yield stands at 10.23% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 128.53% and total cumulative return in cash reaches $59,650. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,194/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1993
8,712 sqft lot
$N/A/sqft
$50 monthly 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: Linda M Craig • Marge Frego Realty, Inc
Mls Name: Space Coast AOR
Mls ID: #1003860
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.