88 N Oak StFellsmereFL32948
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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 Fellsmere at 88 N Oak St, Fellsmere, FL, 32948 generates $2,760/mo in rent and, after a $1,581/mo payment, leaves $616/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $7,398/yr on $107,071 invested. Return on cash invested sits at 26.82% in year one, and rental yield is 10.25% on a $322,990 entry. Equity gained on principal adds $2,084/yr, while 5% annual appreciation builds toward $89,236 over five years. Five-year ROI reaches 140.5% and total cumulative return in cash sums $150,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32948, Fellsmere, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,418 (64.8%) |
| Renter Occupied HU | 610 (27.9%) |
| Vacant Housing Units | 160 ( 7.3%) |
| Median Home Value | $283,333 |
| Average Home Value | $348,928 |
Housing Distribution
Address Breakdown
Residential
2,082
Single Family
1,854
Multi-Family
228
Businesses
146
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