772 Lark DrBarefoot BayFL32976
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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 Barefoot Bay at 772 Lark Dr, Barefoot Bay, FL, 32976 uses $72,267 cash to close to unlock $5,812/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $1,931/mo, and a $1,067/mo payment keeps the spread at $484/mo. Purchase price stands at $218,000, and rental yield measures 10.63% with $1,931/mo rent. Return on cash invested shows 27.95% in year one, and 5% annual appreciation builds toward $60,229 over five years. Five-year ROI reaches 146.62% and total cumulative return in cash records $105,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,931/mo property income covering a $1,067/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
4,356 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: Jennifer Brooks • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1046889