304 Arrowhead LnMelbourne BeachFL32951
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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
Rental property for sale in Melbourne Beach at 304 Arrowhead Ln, Melbourne Beach, FL, 32951 priced at $899,999 pairs $3,962/mo rent with after a $4,405/mo payment. Total monthly income equals $3,962/mo. Return on cash invested is 11.91% in year one, and rental yield stands at 5.28% on a $899,999 basis. Equity gained on principal adds $5,808/yr, and 5% annual appreciation accumulates to $248,653 by year five. Five-year ROI measures 60.52% and total cumulative return in cash reaches $179,195. For financing, Ziffy Mortgage’s DSCR program evaluates $3,962/mo property income against a $4,405/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32951, Melbourne Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,201 (100%) |
| Owner Occupied HU | 5,115 (71.0%) |
| Renter Occupied HU | 559 ( 7.8%) |
| Vacant Housing Units | 1,527 (21.2%) |
| Median Home Value | $609,081 |
| Average Home Value | $720,236 |
Housing Distribution
Address Breakdown
Residential
6,285
Single Family
5,166
Multi-Family
1,119
Businesses
282
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Listed by: Stephen K. Hachey • Flat Fee MLS Realty
Mls Name: Space Coast AOR
Mls ID: #1062166