2818 Avalonia DrMelbourneFL32940
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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 2818 Avalonia Dr, Melbourne, FL, 32940 uses $145,858 cash to close to unlock $4,988/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $3,336/mo, and a $2,154/mo payment keeps the spread at $416/mo. Purchase price stands at $439,995, and rental yield measures 9.1% with $3,336/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $121,563 over five years. Five-year ROI reaches 121.78% and total cumulative return in cash records $177,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,336/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32940, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,025 (100%) |
| Owner Occupied HU | 18,755 (74.9%) |
| Renter Occupied HU | 4,298 (17.2%) |
| Vacant Housing Units | 1,972 ( 7.9%) |
| Median Home Value | $509,701 |
| Average Home Value | $561,457 |
Housing Distribution
Address Breakdown
Residential
23,879
Single Family
20,450
Multi-Family
3,429
Businesses
1,249
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