1885 Hammock Estate Ln, Melbourne, FL, 32934 | 6.99% 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

Total monthly income runs $3,028/mo, and a $2,545/mo payment. Purchase price stands at $519,900, and rental yield measures 6.99% with $3,028/mo rent. Return on cash invested shows 17.1% in year one, and 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 88.33% and total cumulative return in cash records $151,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,028/mo property income covering a $2,545/mo payment rather than investor’s personal income.

Single Family

Built in 1996

0.37 Acres lot

$N/A/sqft

No HOA