1340 Lara Cir UNIT 102RockledgeFL32955
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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 1340 Lara Cir UNIT 102, Rockledge, FL, 32955 earns $896/mo cash flow from $3,487/mo rent with a $1,566/mo payment. Total monthly income totals $3,487/mo, and annual cash flow totals $10,758/yr on $106,080 capital. ROI tracks 30.05% on current figures, and rental yield reads 13.08% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 159.73% and total cumulative return in cash sums $169,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,487/mo property income instead of your personal income.
Condo
Built in 2007
0.60 Acres lot
$N/A/sqft
$392 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: Monica McKune • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1022933
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.