3153 Appaloosa BlvdMelbourneFL32934
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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 3153 Appaloosa Blvd, Melbourne, FL, 32934 priced at $725,000 converts $2,760/mo rent into after a $3,549/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 9.74% in year one, and rental yield reads 4.57% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 48.87% and total cumulative return in cash sums $116,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 1983
1.01 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Barbara J Zorn • Better Homes & Gardens RE Star
Mls Name: Space Coast AOR
Mls ID: #1047874
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