283 S Westview Ct, Melbourne, FL, 32934 | $222/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
830 sft

1515 Huntington Ln APT 427, Rockledge, FL, 32955

Currently Rented+ 4 more

1 Bed
1 Bath
396 sft

404 Tyler Ave APT 11, Cape Canaveral, FL, 32920

2 Bed
2 Bath
1456 sft

3802 Seagrove Ln, Melbourne, FL, 32904

1 Bed
1 Bath
672 sft

3316 Overlook Dr NE #62, Palm Bay, FL, 32905

Nearby investment properties with comparable prices

Currently Rented+ 1 more

2 Bed
1 Bath
888 sft

360 Fisher Ln, Merritt Island, FL, 32953

2 Bed
1 Bath
815 sft

8401 N Atlantic Ave APT L4, Cape Canaveral, FL, 32920

Investment Property+ 1 more

2 Bed
2 Bath
890 sft

151 Ulster Ln, Melbourne, FL, 32935

2 Bed
2 Bath
793 sft

1421 Sheafe Ave NE APT 106, Palm Bay, FL, 32905

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Melbourne at 283 S Westview Ct, Melbourne, FL, 32934 priced at $159,000 pairs $1,277/mo rent with $222/mo cash flow after a $778/mo payment. Total monthly income equals $1,277/mo, and annual cash flow comes to $2,665/yr on $52,709 invested. Return on cash invested is 24.97% in year one, and rental yield stands at 9.64% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 130.63% and total cumulative return in cash reaches $68,856. For financing, Ziffy Mortgage’s DSCR program evaluates $1,277/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 2019

N/A lot

$N/A/sqft

No HOA