1227 Marquise CtRockledgeFL32955
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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
Rental property for sale in Rockledge at 1227 Marquise Ct, Rockledge, FL, 32955 priced at $263,000 converts $1,957/mo rent into after a $1,287/mo obligation. Total monthly income equals $1,957/mo. Return on cash invested prints 18.36% in year one, and rental yield reads 8.93% against a $263,000 entry. Equity gained on principal adds $1,697/yr, while 5% annual appreciation compiles into $72,662 by year five. Five-year ROI reaches 96.76% and total cumulative return in cash sums $84,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,957/mo property income covering a $1,287/mo payment, not borrower’s personal income.
Condo
Built in 2005
5,227 sqft lot
$N/A/sqft
$250 monthly 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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Listed by: Susan D Kuschel • One Sotheby's International
Mls Name: Space Coast AOR
Mls ID: #1029318
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.