108 Lamplighter Dr, Melbourne, FL, 32934 | $262/mo Cash Flow

For Sale

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

Investment property for sale in Melbourne at 108 Lamplighter Dr, Melbourne, FL, 32934 uses $44,753 cash to close to unlock $3,142/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,158/mo, and a $661/mo payment keeps the spread at $262/mo. Purchase price stands at $135,000, and rental yield measures 10.29% with $1,158/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 141.1% and total cumulative return in cash records $63,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,158/mo property income covering a $661/mo payment rather than investor’s personal income.

Manufactured

Built in 2018

N/A lot

$N/A/sqft

No HOA