3522 Twelve Oaks CirMerritt IslandFL32953
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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 Merritt Island at 3522 Twelve Oaks Cir, Merritt Island, FL, 32953 uses $169,435 cash to close to unlock $12,132/yr annual cash flow and $1,011/mo monthly cash flow. Total monthly income runs $4,429/mo, and a $2,521/mo payment keeps the spread at $1,011/mo. Purchase price stands at $515,000, and rental yield measures 10.32% with $4,429/mo rent. Return on cash invested shows 27.22% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 142.63% and total cumulative return in cash records $241,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,429/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32953, Merritt Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,436 (100%) |
| Owner Occupied HU | 7,922 (69.3%) |
| Renter Occupied HU | 2,764 (24.2%) |
| Vacant Housing Units | 750 ( 6.6%) |
| Median Home Value | $483,378 |
| Average Home Value | $547,706 |
Housing Distribution
Address Breakdown
Residential
10,935
Single Family
9,935
Multi-Family
1,000
Businesses
793
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Listed by: James Oxendine II • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #O6372848