243 Forecast Ln #4-21RockledgeFL32955
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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 Rockledge at 243 Forecast Ln #4-21, Rockledge, FL, 32955 listed at $314,995 pairs $2,208/mo rent with a $1,542/mo payment. Total monthly income runs $2,208/mo. Return on cash invested measures 14.21% in year one, and rental yield registers 8.41% at a $314,995 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,027 by year five. Five-year ROI tracks 75.4% and total cumulative return in cash totals $78,736. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,208/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1996
7,840 sqft lot
$N/A/sqft
$555 monthly 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: Matthew R Stebbins • Dalton Wade, Inc.
Mls Name: Space Coast AOR
Mls ID: #1047994
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.