3108 Melville LoopThe VillagesFL32162
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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 The Villages at 3108 Melville Loop, The Villages, FL, 32162 generates $2,822/mo in rent and, after a $1,738/mo payment, leaves $466/mo in cash flow. Total monthly income is $2,822/mo, and annual cash flow is $5,589/yr on $117,683 invested. Return on cash invested sits at 24.66% in year one, and rental yield is 9.54% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 128.9% and total cumulative return in cash sums $151,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,822/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7,464 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32162, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,298 (100%) |
| Owner Occupied HU | 29,241 (80.6%) |
| Renter Occupied HU | 2,093 ( 5.8%) |
| Vacant Housing Units | 4,964 (13.7%) |
| Median Home Value | $430,983 |
| Average Home Value | $481,545 |
Housing Distribution
Address Breakdown
Residential
35,031
Single Family
528
Multi-Family
34,503
Businesses
418
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Listed by: Jaklyn Mesa • COLDWELL BANKER RESIDENTIAL RE
Mls Name: Stellar MLS
Mls ID: #O6363639