2897 Mondavi DrRockledgeFL32955
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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 2897 Mondavi Dr, Rockledge, FL, 32955 with 5% annual appreciation on a $510,000 basis while $3,554/mo rent supports operations. Total monthly income totals $3,554/mo and a $2,496/mo payment preserves $76/mo for cash returns. Annual cash flow comes to $909/yr on $167,790 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $3,291/yr, and five-year appreciation sums $140,904 alongside rental yield of 8.36%. Five-year ROI measures 107.35% and total cumulative return in cash totals $180,123.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,554/mo property income versus a $2,496/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
6,098 sqft lot
$N/A/sqft
$94 monthly 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: Jacqueline Griffin • FLORIDA LIFESTYLE REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6265660
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511