7635 Great Bear Lake DrMiccoFL32976
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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
Investment property for sale in Micco at 7635 Great Bear Lake Dr, Micco, FL, 32976 with 5% annual appreciation on a $234,900 basis while $2,086/mo rent supports operations. Total monthly income totals $2,086/mo and a $1,150/mo payment preserves $477/mo for cash returns. Annual cash flow comes to $5,723/yr on $77,869 deployed, and return on cash invested reaches 27.26% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 10.66%. Five-year ROI measures 143.13% and total cumulative return in cash totals $111,453.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,086/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
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: Bonnie L Sciarretto • Exit Right Realty
Mls Name: Space Coast AOR
Mls ID: #1030819
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.