313 Akron WayRockledgeFL32955
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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 313 Akron Way, Rockledge, FL, 32955 at $118,000 posts ROI 15.59% with from $886/mo rent. Total monthly income equals $886/mo. Return on cash invested measures 15.59% and rental yield reads 9.01% at the current $118,000. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,601 by year five. Five-year ROI prints 83.08% and total cumulative return in cash totals $32,499. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $886/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
3,049 sqft lot
$N/A/sqft
$210 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: Bart Miranda • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1055506
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.