904 Red Bud RdBarefoot BayFL32976
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 904 Red Bud Rd, Barefoot Bay, FL, 32976 uses $51,383 cash to close to unlock $2,870/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,412/mo, and a $759/mo payment keeps the spread at $239/mo. Purchase price stands at $155,000, and rental yield measures 10.93% with $1,412/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 134.69% and total cumulative return in cash records $69,208. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,412/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marty Piatkowski • Twin County Realty
Mls Name: Space Coast AOR
Mls ID: #1030316
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.