28 W Azalea CirRockledgeFL32955
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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 Rockledge at 28 W Azalea Cir, Rockledge, FL, 32955 uses $82,510 cash to close to unlock $8,737/yr annual cash flow and $728/mo monthly cash flow. Total monthly income runs $2,381/mo, and a $1,218/mo payment keeps the spread at $728/mo. Purchase price stands at $248,900, and rental yield measures 11.48% with $2,381/mo rent. Return on cash invested shows 30.5% in year one, and 5% annual appreciation builds toward $68,766 over five years. Five-year ROI reaches 160.27% and total cumulative return in cash records $132,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,381/mo property income covering a $1,218/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32955, Rockledge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,998 (100%) |
| Owner Occupied HU | 13,480 (71.0%) |
| Renter Occupied HU | 4,319 (22.7%) |
| Vacant Housing Units | 1,199 ( 6.3%) |
| Median Home Value | $390,473 |
| Average Home Value | $457,707 |
Housing Distribution
Address Breakdown
Residential
17,897
Single Family
15,167
Multi-Family
2,730
Businesses
1,156
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Listed by: Daniel J Quattrocchi • Quattrocchi Real Estate, Inc.
Mls Name: Space Coast AOR
Mls ID: #1029031
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.