210 Wolverine St, Melbourne, FL, 32935 | Equity Gain $10,970/yr

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 $1,586/mo, and a $8,321/mo payment. Purchase price stands at $1,700,000, and rental yield measures 1.12% with $1,586/mo rent. Return on cash invested shows -0.75% in year one, and 5% annual appreciation builds toward $469,679 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,586/mo property income covering a $8,321/mo payment rather than investor’s personal income.

Multi Family

Built in 1963

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 32935, Melbourne, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,824 (100%)
Owner Occupied HU	11,605 (58.5%)
Renter Occupied HU	6,821 (34.4%)
Vacant Housing Units	1,398 ( 7.1%)
Median Home Value	$330,196
Average Home Value	$431,874