103 Lamplighter Dr, Melbourne, FL, 32934 | $330/mo Cash Flow

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Melbourne at 103 Lamplighter Dr, Melbourne, FL, 32934 priced at $139,900 pairs $1,259/mo rent with $330/mo cash flow after a $685/mo payment. Total monthly income equals $1,259/mo, and annual cash flow comes to $3,964/yr on $46,377 invested. Return on cash invested is 28.46% in year one, and rental yield stands at 10.8% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 149.36% and total cumulative return in cash reaches $69,267. For financing, Ziffy Mortgage’s DSCR program evaluates $1,259/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 2010

N/A lot

$N/A/sqft

No HOA