1655 Harlock RdMelbourneFL32934
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 Melbourne at 1655 Harlock Rd, Melbourne, FL, 32934 priced at $475,000 pairs $4,855/mo rent with $1,703/mo cash flow after a $2,325/mo payment. Total monthly income equals $4,855/mo, and annual cash flow comes to $20,433/yr on $157,463 invested. Return on cash invested is 32.89% in year one, and rental yield stands at 12.27% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 173.01% and total cumulative return in cash reaches $272,431. For financing, Ziffy Mortgage’s DSCR program evaluates $4,855/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
1.01 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara J Zorn • Better Homes & Gardens RE Star
Mls Name: Space Coast AOR
Mls ID: #1023305
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.