2608 Longwood BlvdMelbourneFL32934
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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 at 2608 Longwood Blvd, Melbourne, FL, 32934 earns $367/mo cash flow from $2,927/mo rent with a $1,762/mo payment. Total monthly income totals $2,927/mo, and annual cash flow totals $4,401/yr on $119,307 capital. ROI tracks 23.6% on current figures, and rental yield reads 9.76% at a $359,900 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash sums $147,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,927/mo property income instead of your personal income.
Single Family
Built in 1983
9,147 sqft lot
$N/A/sqft
$290 annually HOA
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Listed by: Chris Register • Real Broker LLC
Mls Name: Space Coast AOR
Mls ID: #1036707
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.