2585 Pimlico LnMelbourneFL32934
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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 2585 Pimlico Ln, Melbourne, FL, 32934 priced at $1,400,000 pairs $9,121/mo rent with after a $6,852/mo payment. Total monthly income equals $9,121/mo. Return on cash invested is 19.54% in year one, and rental yield stands at 7.82% on a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and 5% annual appreciation accumulates to $386,794 by year five. Five-year ROI measures 101.48% and total cumulative return in cash reaches $460,327. For financing, Ziffy Mortgage’s DSCR program evaluates $9,121/mo property income against a $6,852/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1.45 Acres lot
$N/A/sqft
$875 semi-annually HOA
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Listed by: DeWayne Carpenter • Compass Florida, LLC
Mls Name: Space Coast AOR
Mls ID: #1016221
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