1340 Windchime LnMelbourneFL32935
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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 1340 Windchime Ln, Melbourne, FL, 32935 at $399,777 posts ROI 26.63% with $743/mo cash flow from $3,396/mo rent. Total monthly income equals $3,396/mo, and annual cash flow records $8,913/yr on $132,526 to close. Return on cash invested measures 26.63% and rental yield reads 10.19% at the current $399,777. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,451 by year five. Five-year ROI prints 139.49% and total cumulative return in cash totals $184,866.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,396/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
2,613 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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