110 Lamplighter Dr,Melbourne,FL,32934

Investment Highlights

Investment property for sale in Melbourne at 110 Lamplighter Dr, Melbourne, FL, 32934 offers a 9.14% rental yield on a $175,000 purchase with $1,333/mo rent. Total monthly income registers $1,333/mo, and a $857/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,055/yr on $58,013 to close, and return on cash invested stands at 23.45% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 122.51% and total cumulative return in cash at $71,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,333/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.