1259 Melontree Ct #3GothaFL34734
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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 Gotha at 1259 Melontree Ct #3, Gotha, FL, 34734 offers a 11.53% rental yield on a $309,000 purchase with $2,968/mo rent. Total monthly income registers $2,968/mo, and a $1,512/mo payment leaves $918/mo available for distribution. Annual cash flow reaches $11,014/yr on $102,434 to close, and return on cash invested stands at 30.66% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 161.09% and total cumulative return in cash at $165,005. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,968/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
2,142 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34734, Gotha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,356 (100%) |
| Owner Occupied HU | 858 (36.4%) |
| Renter Occupied HU | 1,311 (55.6%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $468,559 |
| Average Home Value | $612,640 |
Housing Distribution
Address Breakdown
Residential
1,504
Single Family
1,504
Multi-Family
0
Businesses
277
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