1959 Crane Creek BlvdMelbourneFL32940
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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 Melbourne at 1959 Crane Creek Blvd, Melbourne, FL, 32940 with 5% annual appreciation on a $615,000 basis while $5,581/mo rent supports operations. Total monthly income totals $5,581/mo and a $3,010/mo payment preserves $1,462/mo for cash returns. Annual cash flow comes to $17,546/yr on $202,335 deployed, and return on cash invested reaches 28.73% in year one. Equity gained on principal adds $3,969/yr, and five-year appreciation sums $169,913 alongside rental yield of 10.89%. Five-year ROI measures 150.81% and total cumulative return in cash totals $305,141.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,581/mo property income versus a $3,010/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
8,276 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32940, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,025 (100%) |
| Owner Occupied HU | 18,755 (74.9%) |
| Renter Occupied HU | 4,298 (17.2%) |
| Vacant Housing Units | 1,972 ( 7.9%) |
| Median Home Value | $509,701 |
| Average Home Value | $561,457 |
Housing Distribution
Address Breakdown
Residential
23,879
Single Family
20,450
Multi-Family
3,429
Businesses
1,249
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Listed by: Amy Moreau • Florida East Coast Real Estate
Mls Name: Space Coast AOR
Mls ID: #1021675
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.