862 Iris StSebastianFL32958
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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 Sebastian at 862 Iris St, Sebastian, FL, 32958 at $365,000 posts ROI 20.76% with $86/mo cash flow from $2,508/mo rent. Total monthly income equals $2,508/mo, and annual cash flow records $1,035/yr on $120,998 to close. Return on cash invested measures 20.76% and rental yield reads 8.25% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 108.05% and total cumulative return in cash totals $130,735.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,508/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32958, Sebastian, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,652 (100%) |
| Owner Occupied HU | 11,833 (75.6%) |
| Renter Occupied HU | 2,190 (14.0%) |
| Vacant Housing Units | 1,629 (10.4%) |
| Median Home Value | $369,686 |
| Average Home Value | $445,554 |
Housing Distribution
Address Breakdown
Residential
15,124
Single Family
13,975
Multi-Family
1,149
Businesses
803
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Listed by: Dario Rincon Nunez • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1041717
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.