1265 Pinewood DrMelbourneFL32935
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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 1265 Pinewood Dr, Melbourne, FL, 32935 uses $65,969 cash to close to unlock $11,332/yr annual cash flow and $944/mo monthly cash flow. Total monthly income runs $2,575/mo, and a $974/mo payment keeps the spread at $944/mo. Purchase price stands at $199,000, and rental yield measures 15.53% with $2,575/mo rent. Return on cash invested shows 37.09% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 197.63% and total cumulative return in cash records $130,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32935, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,824 (100%) |
| Owner Occupied HU | 11,605 (58.5%) |
| Renter Occupied HU | 6,821 (34.4%) |
| Vacant Housing Units | 1,398 ( 7.1%) |
| Median Home Value | $330,196 |
| Average Home Value | $431,874 |
Housing Distribution
Address Breakdown
Residential
19,701
Single Family
15,593
Multi-Family
4,108
Businesses
1,611
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Listed by: Petru Pusta • KARIZA CAPITAL REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4939173
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511