2206 Flower Tree CirMelbourneFL32935
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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
Rental property for sale in Melbourne at 2206 Flower Tree Cir, Melbourne, FL, 32935 priced at $172,500 converts $2,910/mo rent into $1,500/mo cash flow after a $844/mo obligation. Total monthly income equals $2,910/mo, and annual cash flow totals $18,005/yr on $57,184 invested. Return on cash invested prints 51.4% in year one, and rental yield reads 20.24% against a $172,500 entry. Equity gained on principal adds $1,113/yr, while 5% annual appreciation compiles into $47,659 by year five. Five-year ROI reaches 274.32% and total cumulative return in cash sums $156,866. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,910/mo property income covering a $844/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
10.13 Acres lot
$N/A/sqft
$265 monthly 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 |
Housing Distribution
Address Breakdown
Residential
19,701
Single Family
15,593
Multi-Family
4,108
Businesses
1,611
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Listed by: Garrett Bell • DENOVO REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6191595
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511