3343 Sandy Reef CtMelbourne BeachFL32951
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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 Melbourne Beach at 3343 Sandy Reef Ct, Melbourne Beach, FL, 32951 listed at $319,900 pairs $2,779/mo rent with a $1,566/mo payment to leave $656/mo cash flow. Total monthly income runs $2,779/mo, and annual cash flow reaches $7,870/yr on $106,047 cash to close. Return on cash invested measures 27.33% in year one, and rental yield registers 10.42% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 143.22% and total cumulative return in cash totals $151,880. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,779/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32951, Melbourne Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,201 (100%) |
| Owner Occupied HU | 5,115 (71.0%) |
| Renter Occupied HU | 559 ( 7.8%) |
| Vacant Housing Units | 1,527 (21.2%) |
| Median Home Value | $609,081 |
| Average Home Value | $720,236 |
Housing Distribution
Address Breakdown
Residential
6,285
Single Family
5,166
Multi-Family
1,119
Businesses
282
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Listed by: Kathleen E Parsons • Suncoast Realty, Inc.
Mls Name: Space Coast AOR
Mls ID: #1051786