101 RAMSEY DriveMelroseFL32666
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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 Melrose at 101 RAMSEY Drive, Melrose, FL, 32666 with 5% annual appreciation on a $1,500,000 basis while $3,923/mo rent supports operations. 48% in year one. Equity gained on principal adds $9,679/yr, and five-year appreciation sums $414,422 alongside rental yield of 3.14%. Five-year ROI measures 25.96% and total cumulative return in cash totals $126,143. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,923/mo property income versus a $7,342/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
10.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32666, Melrose, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,302 (100%) |
| Owner Occupied HU | 2,299 (69.6%) |
| Renter Occupied HU | 396 (12.0%) |
| Vacant Housing Units | 607 (18.4%) |
| Median Home Value | $319,910 |
| Average Home Value | $352,191 |
Housing Distribution
Address Breakdown
Residential
2,600
Single Family
2,600
Multi-Family
0
Businesses
174
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