1461 Morgan CtMelbourneFL32934
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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 1461 Morgan Ct, Melbourne, FL, 32934 with 5% annual appreciation on a $390,000 basis while $2,599/mo rent supports operations. 68% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 8%. Five-year ROI measures 102.34% and total cumulative return in cash totals $132,308. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,599/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
5,662 sqft lot
$N/A/sqft
$425 annually HOA
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Listed by: Megan Hedrick • Mark Spain Real Estate
Mls Name: Space Coast AOR
Mls ID: #1044166
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