1024 Lee AveRockledgeFL32955
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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 Rockledge at 1024 Lee Ave, Rockledge, FL, 32955 earns $79/mo cash flow from $1,779/mo rent with a $1,224/mo payment. Total monthly income totals $1,779/mo, and annual cash flow totals $952/yr on $82,875 capital. ROI tracks 21.06% on current figures, and rental yield reads 8.54% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 109.83% and total cumulative return in cash sums $91,018. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,779/mo property income instead of your personal income.
Single Family
Built in 1961
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32955, Rockledge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,998 (100%) |
| Owner Occupied HU | 13,480 (71.0%) |
| Renter Occupied HU | 4,319 (22.7%) |
| Vacant Housing Units | 1,199 ( 6.3%) |
| Median Home Value | $390,473 |
| Average Home Value | $457,707 |
Housing Distribution
Address Breakdown
Residential
17,897
Single Family
15,167
Multi-Family
2,730
Businesses
1,156
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Listed by: Noah T Neilson • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1036307
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.