1500 Bridgewater Dr, Melbourne, FL, 32934 | 9.26% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Melbourne at 1500 Bridgewater Dr, Melbourne, FL, 32934 offers $1,119/mo rent that, after a $710/mo payment. Total monthly income is $1,119/mo. Return on cash invested measures 7.96% in year one, and rental yield stands at 9.26% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 45.18% and total cumulative return in cash reaches $21,716. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,119/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 2021

N/A lot

$N/A/sqft

$635 monthly HOA