1835 Harbor Point DrMerritt IslandFL32952
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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
Total monthly income runs $5,290/mo, and a $3,915/mo payment. Purchase price stands at $799,900, and rental yield measures 7.94% with $5,290/mo rent. Return on cash invested shows 19.84% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 103.08% and total cumulative return in cash records $271,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,290/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in 2002
10,454 sqft lot
$N/A/sqft
$365 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32952, Merritt Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,883 (100%) |
| Owner Occupied HU | 7,588 (76.8%) |
| Renter Occupied HU | 1,504 (15.2%) |
| Vacant Housing Units | 791 ( 8.0%) |
| Median Home Value | $490,042 |
| Average Home Value | $594,380 |
Housing Distribution
Address Breakdown
Residential
9,202
Single Family
8,511
Multi-Family
691
Businesses
561
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Listed by: Joel Ludlow • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1040300
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