1720 Murrell Rd APT 207RockledgeFL32955
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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 Rockledge at 1720 Murrell Rd APT 207, Rockledge, FL, 32955 offers a 10.57% rental yield on a $166,000 purchase with $1,462/mo rent. Total monthly income registers $1,462/mo, and a $812/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,341/yr on $55,029 to close, and return on cash invested stands at 22.35% in year one. Equity gained on principal adds $1,071/yr while 5% annual appreciation supports $45,863 over five years. Portfolio math shows five-year ROI at 118.48% and total cumulative return in cash at $65,197. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,462/mo property income against a $812/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
3,484 sqft lot
$N/A/sqft
$210 monthly 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
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Listed by: Debbie A Schull • HomeLife Properties, LLC
Mls Name: Space Coast AOR
Mls ID: #1044533
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.