1137 White Oak CirMelbourneFL32934
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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 Melbourne at 1137 White Oak Cir, Melbourne, FL, 32934 uses $132,600 cash to close to unlock $4,988/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $3,102/mo, and a $1,958/mo payment keeps the spread at $416/mo. Purchase price stands at $399,999, and rental yield measures 9.31% with $3,102/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 123.71% and total cumulative return in cash records $164,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,102/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1999
5,662 sqft lot
$N/A/sqft
$380 annually HOA
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Listed by: Eva Roach • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1049756
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