147 Aquarina BlvdMelbourne BeachFL32951
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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
Rental property for sale in Melbourne Beach at 147 Aquarina Blvd, Melbourne Beach, FL, 32951 generates $3,840/mo in rent and, after a $2,320/mo payment, leaves $191/mo in cash flow. Total monthly income is $3,840/mo, and annual cash flow is $2,294/yr on $157,124 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 9.72% on a $473,980 entry. Equity gained on principal adds $3,059/yr, while 5% annual appreciation builds toward $130,952 over five years. Five-year ROI reaches 112.66% and total cumulative return in cash sums $177,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Townhouse
Built in 1997
2,178 sqft lot
$N/A/sqft
$341 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32951, Melbourne Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,201 (100%) |
| Owner Occupied HU | 5,115 (71.0%) |
| Renter Occupied HU | 559 ( 7.8%) |
| Vacant Housing Units | 1,527 (21.2%) |
| Median Home Value | $609,081 |
| Average Home Value | $720,236 |
Housing Distribution
Address Breakdown
Residential
6,285
Single Family
5,166
Multi-Family
1,119
Businesses
282
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Nearby investment properties with comparable prices
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