9628 Riverside Dr APT 1SebastianFL32958
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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 9628 Riverside Dr APT 1, Sebastian, FL, 32958 listed at $216,000 pairs $2,352/mo rent with a $1,057/mo payment to leave $114/mo cash flow. Total monthly income runs $2,352/mo, and annual cash flow reaches $1,366/yr on $71,604 cash to close. Return on cash invested measures 21.82% in year one, and rental yield registers 13.07% at a $216,000 basis. Equity gained on principal adds $1,394/yr, and annual property appreciation at 5% supports $59,677 by year five. Five-year ROI tracks 118.56% and total cumulative return in cash totals $84,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,352/mo property income relative to a $1,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$805 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
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Listed by: Bob Abel • RE/MAX Crown Realty VB
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #288259
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.