319 Brookcrest CirRockledgeFL32955
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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 Rockledge at 319 Brookcrest Cir, Rockledge, FL, 32955 offers $3,852/mo rent that, after a $2,450/mo payment, leaves $496/mo cash flow. Total monthly income is $3,852/mo, and annual cash flow is $5,948/yr on $164,665 cash. Return on cash invested measures 23.67% in year one, and rental yield stands at 9.24% at a $500,500 entry. Equity gained on principal adds $3,230/yr while 5% annual appreciation compounds into $138,279 by year five. Five-year ROI records 123.67% and total cumulative return in cash reaches $203,649. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,852/mo property income versus a $2,450/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,712 sqft lot
$N/A/sqft
$104 quarterly 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: Vanessa C Roquevert • HomeSmart Coastal Realty
Mls Name: Space Coast AOR
Mls ID: #1053044
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.