2529 Long Sandy CirMerritt IslandFL32952
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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 Merritt Island at 2529 Long Sandy Cir, Merritt Island, FL, 32952 listed at $638,000 pairs $4,523/mo rent with a $3,123/mo payment to leave $289/mo cash flow. Total monthly income runs $4,523/mo, and annual cash flow reaches $3,466/yr on $209,902 cash to close. Return on cash invested measures 21.71% in year one, and rental yield registers 8.51% at a $638,000 basis. Equity gained on principal adds $4,117/yr, and annual property appreciation at 5% supports $176,268 by year five. Five-year ROI tracks 113.06% and total cumulative return in cash totals $237,314. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,523/mo property income relative to a $3,123/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32952, Merritt Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,883 (100%) |
| Owner Occupied HU | 7,588 (76.8%) |
| Renter Occupied HU | 1,504 (15.2%) |
| Vacant Housing Units | 791 ( 8.0%) |
| Median Home Value | $490,042 |
| Average Home Value | $594,380 |
Housing Distribution
Address Breakdown
Residential
9,202
Single Family
8,511
Multi-Family
691
Businesses
561
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Listed by: Cynthia Aprandini • Coldwell Banker Realty
Mls Name: Space Coast AOR
Mls ID: #1066728