9880 Oak StMiccoFL32976
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 Micco at 9880 Oak St, Micco, FL, 32976 uses $58,676 cash to close to unlock $24,237/yr annual cash flow and $2,020/mo monthly cash flow. Total monthly income runs $3,194/mo, and a $866/mo payment keeps the spread at $2,020/mo. Purchase price stands at $177,000, and rental yield measures 21.65% with $3,194/mo rent. Return on cash invested shows 61.22% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 324.93% and total cumulative return in cash records $190,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,194/mo property income covering a $866/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,018 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: John Demmerle • LPT Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1048154
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.