3137 Village Park DrMelbourneFL32934
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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 at 3137 Village Park Dr, Melbourne, FL, 32934 generates $2,712/mo in rent and, after a $1,689/mo payment, leaves $188/mo in cash flow. Total monthly income is $2,712/mo, and annual cash flow is $2,259/yr on $114,368 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 9.43% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 114.94% and total cumulative return in cash sums $131,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
9,147 sqft lot
$N/A/sqft
$295 annually HOA
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Listed by: Jeffrey Karl Porter • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1047976
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