234 Leslie CtMelbourne BeachFL32951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Beach at 234 Leslie Ct, Melbourne Beach, FL, 32951 with 5% annual appreciation on a $661,800 basis while $4,535/mo rent supports operations. Total monthly income totals $4,535/mo and a $3,239/mo payment preserves $14/mo for cash returns. Annual cash flow comes to $164/yr on $217,732 deployed, and return on cash invested reaches 20.14% in year one. Equity gained on principal adds $4,270/yr, and five-year appreciation sums $182,843 alongside rental yield of 8.22%. Five-year ROI measures 104.87% and total cumulative return in cash totals $228,346.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,535/mo property income versus a $3,239/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.45 Acres lot
$N/A/sqft
$10 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32951, Melbourne Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,201 (100%) |
| Owner Occupied HU | 5,115 (71.0%) |
| Renter Occupied HU | 559 ( 7.8%) |
| Vacant Housing Units | 1,527 (21.2%) |
| Median Home Value | $609,081 |
| Average Home Value | $720,236 |
Housing Distribution
Address Breakdown
Residential
6,285
Single Family
5,166
Multi-Family
1,119
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A