Biscayne 3 Car Plan, Lakes At St SebastianMiccoFL32976
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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 Micco at Biscayne 3 Car Plan, Lakes At St Sebastian, Micco, FL, 32976 offers $3,382/mo rent that, after a $1,948/mo payment, leaves $741/mo cash flow. Total monthly income is $3,382/mo, and annual cash flow is $8,890/yr on $131,934 cash. Return on cash invested measures 26.65% in year one, and rental yield stands at 10.2% at a $397,990 entry. Equity gained on principal adds $2,568/yr while 5% annual appreciation compounds into $109,957 by year five. Five-year ROI records 139.56% and total cumulative return in cash reaches $184,125. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,382/mo property income versus a $1,948/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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
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