1348 Dewey CtRockledgeFL32955
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
Investment Highlights
Rental property for sale in Rockledge at 1348 Dewey Ct, Rockledge, FL, 32955 generates $2,216/mo in rent and, after a $1,466/mo payment, leaves $228/mo in cash flow. Total monthly income is $2,216/mo, and annual cash flow is $2,740/yr on $99,284 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 8.88% on a $299,500 entry. Equity gained on principal adds $1,933/yr, while 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 118.27% and total cumulative return in cash sums $117,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,216/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
4,356 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