2580 S Highway A1a UNIT 90Melbourne BeachFL32951
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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 Melbourne Beach at 2580 S Highway A1a UNIT 90, Melbourne Beach, FL, 32951 uses $66,267 cash to close to unlock $2,842/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $1,563/mo, and a $978/mo payment keeps the spread at $237/mo. Purchase price stands at $199,900, and rental yield measures 9.38% with $1,563/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 126.44% and total cumulative return in cash records $83,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,563/mo property income covering a $978/mo payment rather than investor’s personal income.
Manufactured
Built in 1967
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32951, Melbourne Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,201 (100%) |
| Owner Occupied HU | 5,115 (71.0%) |
| Renter Occupied HU | 559 ( 7.8%) |
| Vacant Housing Units | 1,527 (21.2%) |
| Median Home Value | $609,081 |
| Average Home Value | $720,236 |
Housing Distribution
Address Breakdown
Residential
6,285
Single Family
5,166
Multi-Family
1,119
Businesses
282
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Listed by: Laura L Dowling Roy PA • Premier Properties Real Estate
Mls Name: Space Coast AOR
Mls ID: #1054087