2340 Stonebridge DrRockledgeFL32955
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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 Rockledge at 2340 Stonebridge Dr, Rockledge, FL, 32955 uses $355,752 cash to close to unlock $19,334/yr annual cash flow and $1,611/mo monthly cash flow. Total monthly income runs $8,935/mo, and a $5,374/mo payment keeps the spread at $1,611/mo. Purchase price stands at $1,098,000, and rental yield measures 9.77% with $8,935/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $303,357 over five years. Five-year ROI reaches 135.01% and total cumulative return in cash records $480,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,935/mo property income covering a $5,374/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.71 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32955, Rockledge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,998 (100%) |
| Owner Occupied HU | 13,480 (71.0%) |
| Renter Occupied HU | 4,319 (22.7%) |
| Vacant Housing Units | 1,199 ( 6.3%) |
| Median Home Value | $390,473 |
| Average Home Value | $457,707 |
Housing Distribution
Address Breakdown
Residential
17,897
Single Family
15,167
Multi-Family
2,730
Businesses
1,156
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Listed by: Derrick Borges • Landshark Realty
Mls Name: Space Coast AOR
Mls ID: #1012059
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