276 Lamplighter Dr, Melbourne, FL, 32934 | $221/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Melbourne at 276 Lamplighter Dr, Melbourne, FL, 32934 at $161,400 posts ROI 24.86% with $221/mo cash flow from $1,292/mo rent. Total monthly income equals $1,292/mo, and annual cash flow records $2,651/yr on $53,504 to close. Return on cash invested measures 24.86% and rental yield reads 9.61% at the current $161,400. Equity gained on principal adds $1,041/yr, and 5% annual appreciation supports $44,592 by year five. Five-year ROI prints 129.99% and total cumulative return in cash totals $69,549.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,292/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Manufactured

Built in 2019

N/A lot

$N/A/sqft

No HOA