2641 Little Bend PlMerritt 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 2641 Little Bend Pl, Merritt Island, FL, 32952 uses $332,097 cash to close to unlock $41,887/yr annual cash flow and $3,491/mo monthly cash flow. Total monthly income runs $10,324/mo, and a $5,017/mo payment keeps the spread at $3,491/mo. Purchase price stands at $1,024,992, and rental yield measures 12.09% with $10,324/mo rent. Return on cash invested shows 32.98% in year one, and 5% annual appreciation builds toward $283,186 over five years. Five-year ROI reaches 173.49% and total cumulative return in cash records $576,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $10,324/mo property income covering a $5,017/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.35 Acres lot
$N/A/sqft
$375 annually 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: Matthew R Stebbins • Dalton Wade, Inc.
Mls Name: Space Coast AOR
Mls ID: #1022168
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.