9626 Riverside Dr APT 2SebastianFL32958
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.93 makes 9626 Riverside Dr APT 2, Sebastian, FL, 32958 in Sebastian one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.12%. The 8.12% yield, 5% annual appreciation ($62,716 over five years), and $2,091/yr in principal reduction project a total cumulative return of $78,213.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(610) | $300 |
City averages based on Sebastian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,973 |
| Total Monthly Debt Service | $2,055 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
N/A lot
$N/A/sqft
$590 monthly 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
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
Condo
Built in 1985
N/A lot
$N/A/sqft
$590 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joti Hahn • RE/MAX Crown Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #280831
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.