2990 S Fiske Blvd APT M4RockledgeFL32955
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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 2990 S Fiske Blvd APT M4, Rockledge, FL, 32955 uses $69,615 cash to close to unlock $18,192/yr annual cash flow and $1,516/mo monthly cash flow. Total monthly income runs $3,349/mo, and a $1,028/mo payment keeps the spread at $1,516/mo. Purchase price stands at $210,000, and rental yield measures 19.14% with $3,349/mo rent. Return on cash invested shows 46.04% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 246.3% and total cumulative return in cash records $171,460. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,349/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 2004
2.69 Acres lot
$N/A/sqft
$395 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: Lorrie Lovett • BREVARD PROPERTY MGMT & SALES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6230554
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