843 Sapodilla 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
Rental property for sale in Barefoot Bay at 843 Sapodilla Dr, Barefoot Bay, FL, 32976 priced at $259,900 converts $2,306/mo rent into $581/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,306/mo, and annual cash flow totals $6,976/yr on $86,157 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 10.65% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 146.88% and total cumulative return in cash sums $126,550. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,306/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Manufactured
Built in 1987
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: Bonnie Heck • Paradise Home Finders
Mls Name: Space Coast AOR
Mls ID: #1045888