9632 Riverside Dr APT 3SebastianFL32958
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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 Sebastian at 9632 Riverside Dr APT 3, Sebastian, FL, 32958 generates $1,596/mo in rent and, after a $1,116/mo payment, leaves $83/mo in cash flow. Total monthly income is $1,596/mo, and annual cash flow is $995/yr on $75,582 invested. Return on cash invested sits at 21.23% in year one, and rental yield is 8.4% on a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 110.49% and total cumulative return in cash sums $83,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,596/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A 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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