1345 Lara Cir Unit 101RockledgeFL32955
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1345 Lara Cir Unit 101, Rockledge, FL, 32955 in Rockledge achieves a 1.61 ratio at $359,000: $2,604/mo rent versus $1,614/mo debt service. Rental yield 8.7%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.7% yield compounds alongside 5% annual appreciation projecting $99,185 in value. Total projected cumulative return: $151,102.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $(230) | $1,200 |
City averages based on Rockledge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,604 |
| Total Monthly Debt Service | $2,240 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2010
2,613 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2010
2,613 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices