2453 Musette AlyMelbourneFL32940
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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 2453 Musette Aly, Melbourne, FL, 32940 offers $5,758/mo rent that, after a $2,693/mo payment, leaves $2,107/mo cash flow. Total monthly income is $5,758/mo, and annual cash flow is $25,282/yr on $181,003 cash. Return on cash invested measures 34.03% in year one, and rental yield stands at 12.56% at a $550,160 entry. Equity gained on principal adds $3,550/yr while 5% annual appreciation compounds into $151,999 by year five. Five-year ROI records 179.11% and total cumulative return in cash reaches $324,192. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,758/mo property income versus a $2,693/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32940, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,025 (100%) |
| Owner Occupied HU | 18,755 (74.9%) |
| Renter Occupied HU | 4,298 (17.2%) |
| Vacant Housing Units | 1,972 ( 7.9%) |
| Median Home Value | $509,701 |
| Average Home Value | $561,457 |
Housing Distribution
Address Breakdown
Residential
23,879
Single Family
20,450
Multi-Family
3,429
Businesses
1,249
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Listed by: C Scott Miller Jr • Viera Builders Realty, Inc.
Mls Name: Space Coast AOR
Mls ID: #1013467
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.