1129 Martha 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 1129 Martha Lee Ave, Rockledge, FL, 32955 earns $23/mo cash flow from $1,749/mo rent with a $1,273/mo payment. Total monthly income totals $1,749/mo, and annual cash flow totals $278/yr on $86,190 capital. ROI tracks 20.23% on current figures, and rental yield reads 8.07% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 105.21% and total cumulative return in cash sums $90,677. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,749/mo property income instead of your personal income.
Single Family
Built in 1963
7,405 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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