2560 Fulton CtMelbourneFL32935
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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 2560 Fulton Ct, Melbourne, FL, 32935 priced at $359,950 pairs $2,398/mo rent with after a $1,762/mo payment. Total monthly income equals $2,398/mo. Return on cash invested is 19.9% in year one, and rental yield stands at 7.99% on a $359,950 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,448 by year five. Five-year ROI measures 103.41% and total cumulative return in cash reaches $123,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,398/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
9,147 sqft lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32935, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,824 (100%) |
| Owner Occupied HU | 11,605 (58.5%) |
| Renter Occupied HU | 6,821 (34.4%) |
| Vacant Housing Units | 1,398 ( 7.1%) |
| Median Home Value | $330,196 |
| Average Home Value | $431,874 |
Housing Distribution
Address Breakdown
Residential
19,701
Single Family
15,593
Multi-Family
4,108
Businesses
1,611
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Listed by: Jeffrey DiMuria • Waves Realty
Mls Name: Space Coast AOR
Mls ID: #1030018
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.